Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Iowa Code 535.14

  • Lien: A claim against real or personal property in satisfaction of a debt.
  • property: includes personal and real property. See Iowa Code 4.1
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • real property: include lands, tenements, hereditaments, and all rights thereto and interests therein, equitable as well as legal. See Iowa Code 4.1
535.14 Prompt crediting of payment on loans secured by residential real property.
A lender is subject to the requirements set forth in § 537.3206, regarding the
prompt crediting of payments, with respect to a loan secured by a lien or security interest on owner-occupied residential real property. For purposes of this section, “”residential real property”” means residential real property as defined in § 535B.1.
99 Acts, ch 15, §2