Iowa Code » Chapter 656 — FORFEITURE OF REAL ESTATE CONTRACTS
Iowa Code

Iowa Code § 656.1 (2026)

Conditions prescribed

✓ current as of July 2026
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A contract which provides for the sale of real estate located in this state, and for the forfeiture of the vendee’s rights in such contract in case the vendee fails, in specified ways, to comply with said contract, shall, nevertheless, not be forfeited or canceled except as provided in this chapter. [C97, §4299; S13, §4299; C24, 27, 31, 35, 39, §12389; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §656.1] Referred to in §656.8

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Notes of Decisions
Cited in 5 cases, 1948–1988 · leading case: Jensen v. Schreck, 275 N.W.2d 374 (Iowa 1979).
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Jensen v. Schreck, 275 N.W.2d 374 (Iowa 1979). “Statutory proceedings for forfeiture of a real estate contract provide the only means for a vendor to enforce its provisions, according to § 656.1, The Code (1971). Section 656.2 provided the method in the following language: Such forfeiture and cancellation shall be initiated…”
Westercamp v. Smith, 31 N.W.2d 347 (Iowa 1948). · cites it 2× “Appellants in support of such claim cite section 656.1, Code of 1946. We fail to see its application.”
McBride v. Hammers, 418 N.W.2d 60 (Iowa 1988). · cites it 2× “Second, the form of agreement McBride and Hammers chose to accomplish the sale supports a finding here of two separate contracts.”
United States v. Farmers Livestock Auction Co., 661 F.2d 1192 (8th Cir. 1981). “Iowa Code Ann. § 656.1 et seq. This statute provides an alternative remedy for vendors against purchasers in default.”
Staley Farms, Inc. v. Vernon Rueter & Dorothy Ann Rueter, 662 F.2d 520 (8th Cir. 1981). “Iowa Code § 656.1 et seq. (1981). In February 1978, plaintiff Staley Farms, Inc.”
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