131 chapters · 1,359 sections in this title.
Iowa Code § 714F.1 Definitions.
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As used in this chapter , unless the context otherwise requires: 1. “Business day” means any calendar day except Saturday, Sunday, or a public holiday including a holiday observed on a Monday. 2. “Foreclosed homeowner” means an owner of residential real property, including a cond…
Iowa Code § 714F.2 Contract requirement — form and language.
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A foreclosure purchaser shall enter into a foreclosure reconveyance in the form of a written contract. The contract must be written in letters of a size equal to at least twelve point boldface type, in the same language principally used by the foreclosure purchaser and foreclosed…
Iowa Code § 714F.3 Contract terms.
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1. A contract required by section 714F.2 must contain the entire agreement of the parties and shall include all the following terms: a. The real name, business address, and the telephone number of the foreclosure purchaser. b. The address of the residence in foreclosure. c. The t…
Iowa Code § 714F.4 Contract cancellation.
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1. In addition to any other right of rescission, the foreclosed homeowner has the right to cancel any contract with a foreclosure purchaser until midnight of the third business day following the day on which the foreclosed homeowner signs a contract that complies with this chapte…