633.396 Order for sale, mortgage, pledge, exchange or lease of real property. The order shall describe the property to be sold, mortgaged, pledged, exchanged or leased, and may designate the sequence in which the several parcels shall be sold, mortgaged,pledged, exchanged or leased. An order for sale may direct whether the property shallbe sold at private sale or public auction, and, if the latter, the place or places of sale. Theorder of sale may prescribe the terms, conditions and manner of sale. The court may, in itsdiscretion, provide for appraisal for its guidance as to value of the property, and determinewhether or not additional bond shall be deposited by the personal representative. If realproperty is to be mortgaged, it may fix the maximum amount of principal, the earliest andlatest dates of maturity, and the purposes for which the proceeds shall be used. An order forsale, mortgage, pledge, exchange or lease shall remain in force until terminated by the court. [C51, §1345 – 1350; R60, §2377 – 2382; C73, §2390 – 2395; C97, §3325 – 3327; C24, 27, 31, 35, 39, §11937 – 11940; C46, 50, 54, 58, 62, §635.26 – 635.29; C66, 71, 73, 75, 77, 79, 81,§633.396] Sat Dec 23 11:25:45 2023 50; R60, §2377 – 2382; C73, §2390 – 2395; C97, §3325 – 3327; C24, 27, 31, 35, 39, §11937 – 11940; C46, 50, 54, 58, 62, §635.26 – 635.29; C66, 71, 73, 75, 77, 79, 81,§633.396] Sat Dec 23 11:25:45 2023 Iowa Code 2024, Section 633.396 (34, 0)
Iowa Legal Code