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Tuesday, January 20, 2015

Platting a Homestead

§161. – Platting Homestead before sale.
                 Statutes, relating to sale of homestead on execution must be interpreted in the light of purpose and intent of the legislature, and underlying purposes of requiring sale by parcels are (1) that no more land be sold than is necessary to satisfy debt and (2) to stimulate competition in bidding, not that owner may be placed in more advantageous position in making redemption. – Prudential Co. of America, v. Westfall, 219-1119, 260 N. W. 344. (Kentzinger, J., dissenting.)

Callahan’s Iowa Digest. Chicago, IL; Callahan and Company, 1936.

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