Iowa Code

Iowa Code § 558.5 (2026)

Contract for deed — presumption of abandonment

✓ current as of July 2026
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1. When the record shows that a contract or bond for a deed was executed more than ten years earlier, the contract or bond shall be deemed abandoned by the vendee and void and the land shall be freed from any lien or defect on account of the contract or bond in any of the following situations:

a. The record does not indicate the contract or bond has been performed and more than ten years have elapsed since the contract or bond by its terms was to be performed.

b. A performance date for the contract or bond is not stated in the contract or bond or any extensions thereof and more than twenty years have elapsed from the date the contract or bond was executed.

2. This section shall apply to a contract or bond described in this section if the contract or bond is not filed of record but is referred to in another instrument which is filed of record. The contract or bond shall be deemed abandoned by the vendee ten years from the date that the contract or bond is to be performed according to the recorded instrument. However, if the recorded instrument does not refer to a performance date for the contract or bond, the contract or bond shall be deemed abandoned twenty years after the date that the instrument containing the reference is recorded.

3. This section shall not apply to a vendee or a vendee’s successor in interest if the \n Tue Dec 09 22:01:10 2025 Iowa Code 2026, Chapter 558 (51, 0) 3 CONVEYANCES, §558.9\n\nvendee or the vendee’s successor in interest is in possession of the property or has been continuously paying the total amount due, as defined in section 445.1, of the taxes levied against the property for the preceding five years. [S13, §2963-j; C24, 27, 31, 35, 39, §10070; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §558.5] 91 Acts, ch 183, §8; 2013 Acts, ch 83, §1 \n

Notes of Decisions
Amended June 5, 2015 Steven A. Mueller, Bradley J. Brown, Mark A. Kruse, Kevin D. Miller, & Larry E. Phipps, on Behalf of Themselves & Those Like Situated v. Wellmark, Inc. D/B/A Wellmark Blue Cross & Blue Shield of Iowa, an Iowa Corp., & Wellmark Health Plan of Iowa, Inc., an Iowa Corp., 861 N.W.2d 563 (Iowa 2015). · cites it 2× “Thus, if a clinic decided to sue Wellmark under the Iowa Competition Law alleging that Wellmark had *566 engaged in prohibited section 558.5 monopolization by excluding it from a preferred provider arrangement, the section 558.”
Davies v. Genesis Med. Ctr., 994 F. Supp. 1078 (S.D. Iowa 1998). · cites it 2× “Giving considerable weight to federal cases construing sections of the Sherman Act that are similar to Iowa Code § 558.5 , the Court grants Defendants’ Motions to Dismiss Count V.”
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