Bill Text: IA SF2170 | 2011-2012 | 84th General Assembly | Enrolled


Bill Title: A bill for an act relating to service of notice requirements for holders of a property tax sale certificate of purchase. (Formerly SSB 3098.) Effective 7-1-12.

Sponsorship: Committee Bill

Status: (Passed) 2012-03-07 - Signed by Governor. S.J. 493. [SF2170 Detail]

Download: Iowa-2011-SF2170-Enrolled.html
Senate File 2170 AN ACT RELATING TO SERVICE OF NOTICE REQUIREMENTS FOR HOLDERS OF A PROPERTY TAX SALE CERTIFICATE OF PURCHASE. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: Section 1. Section 447.9, subsections 1 and 2, Code 2011, are amended to read as follows: 1. After one year and nine months from the date of sale, or after nine months from the date of a sale made under section 446.18 , or after three months from the date of a sale made under section 446.19A or 446.19B , the holder of the certificate of purchase may cause to be served upon the person in possession of the parcel, and also upon the person in whose name the parcel is taxed, a notice signed by the certificate holder or the certificate holder’s agent or attorney, stating the date of sale, the description of the parcel sold, the name of the purchaser, and that the right of redemption will expire and a deed for the parcel be made unless redemption is made within ninety days from the completed service of the notice. The notice shall be served by both regular mail and certified mail to the person’s last known address and such service is deemed completed when the notice by certified mail is deposited in the mail and postmarked for delivery. The ninety-day redemption period begins as provided in section 447.12 . When the notice is given by a county as a holder of a certificate of purchase the notice shall be signed by the county treasurer or the county attorney, and when given by a city, it shall be signed by the city officer designated by resolution of the council. When the notice is given by the Iowa finance authority or a city or county agency holding the parcel as part of an Iowa homesteading project, it shall be signed on
Senate File 2170, p. 2 behalf of the agency or authority by one of its officers, as authorized in rules of the agency or authority. 2. Service of the notice shall be made by both regular mail and certified mail on any mortgagee having a lien upon the parcel, a vendor of the parcel under a recorded contract of sale, a lessor who has a recorded lease or recorded memorandum of a lease, and any other person who has an interest of record, at the person’s last known address. The notice shall be served on any city where the parcel is situated. Notice shall not be served after the filing of the affidavit required by section 447.12 . Only those persons who are required to be served the notice of expiration as provided in this section or who have acquired an interest in or possession of the parcel subsequent to the filing of the notice of expiration of the right of redemption are eligible to redeem a parcel from tax sale. Service of the notice is deemed completed when the notice is deposited in the mail and postmarked for delivery. ______________________________ JOHN P. KIBBIE President of the Senate ______________________________ KRAIG PAULSEN Speaker of the House I hereby certify that this bill originated in the Senate and is known as Senate File 2170, Eighty-fourth General Assembly. ______________________________ MICHAEL E. MARSHALL Secretary of the Senate Approved _______________, 2012 ______________________________ TERRY E. BRANSTAD Governor
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