626.93 Personal property and leasehold interests — appraisement. Personal property, and leasehold interests in real property having less than two years of an unexpired term, levied upon and advertised for sale on execution, must be appraisedbefore sale by two disinterested householders of the neighborhood, one of whom shall bechosen by the execution debtor and the other by the plaintiff, or, in case of the absence ofeither party, or if either or both parties neglect or refuse to make choice, the officer makingthe levy shall choose one or both, as the case may be, who shall forthwith return to saidofficer a just appraisement, under oath, of said property if they can agree; if they cannot,they shall choose another disinterested householder, and with that householder’s assistanceshall complete such appraisement, and the property shall not, upon the first offer, be sold forless than two-thirds of said valuation; but if offered at the same place and hour of the dayas advertised upon three successive days, and no bid is received equal to two-thirds of theappraised value thereof, then it may be sold for one-half of said valuation. e same place and hour of the dayas advertised upon three successive days, and no bid is received equal to two-thirds of theappraised value thereof, then it may be sold for one-half of said valuation. [C73, §3100; C97, §4041; C24, 27, 31, 35, 39, §11741; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §626.93] Referred to in §626.94 Sat Dec 23 11:21:42 2023 Iowa Code 2024, Section 626.93 (17, 0)
Iowa Legal Code