Iowa Code 640.2 – Fraudulently induced sales
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Terms Used In Iowa Code 640.2
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Contract: A legal written agreement that becomes binding when signed.
- Plaintiff: The person who files the complaint in a civil lawsuit.
- property: includes personal and real property. See Iowa Code 4.1
640.2 Fraudulently induced sales.
In an action by a vendor of property fraudulently purchased to vacate the contract and
have a restoration of the property or compensation therefor, where the petition shows such fraudulent purchase of property and the amount of the plaintiff‘s claim, and is verified, an attachment against the property may be granted.
[R60, §3226; C73, §3001; C97, §3914; C24, 27, 31, 35, 39, §12148; C46, 50, 54, 58, 62, 66, 71,
73, 75, 77, 79, 81, §640.2]
Referred to in §640.3
In an action by a vendor of property fraudulently purchased to vacate the contract and
have a restoration of the property or compensation therefor, where the petition shows such fraudulent purchase of property and the amount of the plaintiff‘s claim, and is verified, an attachment against the property may be granted.
[R60, §3226; C73, §3001; C97, §3914; C24, 27, 31, 35, 39, §12148; C46, 50, 54, 58, 62, 66, 71,
73, 75, 77, 79, 81, §640.2]
Referred to in §640.3