REPORT OF OPEN-MARKET SALE.

558A.12 REPORT OF OPEN-MARKET SALE. The referee or referees shall file a report with the court containing the following information: (1) a description of the property to be sold to each buyer; (2) the name of each buyer; (3) the proposed purchase price; (4) the terms and conditions of the proposed sale, including the terms of any owner financing; (5) the amounts to be paid to lienholders; (6) a statement of contractual or other arrangements or conditions of the broker's commission; and (7) other material facts relevant to the sale. History: 2025 c 2 art 2 s 12