Iowa Code 633.102 – Costs and expenses
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Terms Used In Iowa Code 633.102
- Fiduciary: A trustee, executor, or administrator.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- property: includes personal and real property. See Iowa Code 4.1
633.102 Costs and expenses.
In connection with the sale, mortgage, lease, pledge or exchange of property, the court may authorize the fiduciary to pay, out of the proceeds realized therefrom or out of other funds of the estate, the customary and reasonable auctioneers’ and brokers’ fees and any necessary expenses for abstracting, survey, revenue stamps, and other necessary costs and expenses in connection therewith.
[C66, 71, 73, 75, 77, 79, 81, §633.102]
In connection with the sale, mortgage, lease, pledge or exchange of property, the court may authorize the fiduciary to pay, out of the proceeds realized therefrom or out of other funds of the estate, the customary and reasonable auctioneers’ and brokers’ fees and any necessary expenses for abstracting, survey, revenue stamps, and other necessary costs and expenses in connection therewith.
[C66, 71, 73, 75, 77, 79, 81, §633.102]