# Iowa Code § 447.1: Redemption — terms

> Iowa · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.1

## Section

- **Citation:** Iowa Code § 447.1
- **Heading:** Redemption — terms
- **Jurisdiction:** Iowa
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** IA Code / Title X / Chapter 447 / Section 447.1

## Text

(1) A parcel sold under this chapter and chapter 446 may be redeemed at any time before the right of redemption expires, by payment to the county treasurer, to be held by the treasurer subject to the order of the purchaser, of the amount for which the parcel was sold, including the fee for the certificate of purchase, and interest of two percent per month, counting each fraction of a month as an entire month, from the month of sale, and the total amount paid by the purchaser or the purchaser’s assignee for any subsequent year, with interest at the same rate added on the amount of the payment for each subsequent year from the month of payment, counting each fraction of a month as an entire month. The amount of interest must be at least one dollar and shall be rounded to the nearest whole dollar. Interest shall accrue on subsequent amounts as provided in section 446.32. The redemption must be received by the treasurer or entered through the county treasurer’s authorized internet site on or before the last day of the month to avoid additional interest being added to the amount necessary to redeem. However, if the last day of a month falls on a Saturday, Sunday, or a holiday, the payment must be received by the treasurer or entered through the county treasurer’s authorized internet site by the close of business on the first business day of the following month.

(2) When the county or city is the certificate holder of the parcel redeemed from a sale held under section 446.19, the redemption amount shall be apportioned among the several funds for which the taxes were levied. All interest, costs, and fees shall be apportioned to the general fund of the county regardless of who is the certificate holder. If a city is the certificate holder of the parcel redeemed from a sale held under section 446.7 or 446.28, the city shall be entitled to the total amount redeemed.

[C51, §505; R60, §779; C73, §890; C97, §1436; S13, §1436; C24, 27, 31, 35, 39, §7272; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, S81, §447.1; 81 Acts, ch 117, §1232]91 Acts, ch 191, §89; 93 Acts, ch 73, §11; 2006 Acts, ch 1070, §27, 31; 2017 Acts, ch 92, §5

## Nearby sections

- [Iowa Code § 447.1 Redemption — terms.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.1.md)
- [Iowa Code § 447.2 Nonallowable penalties.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.2.md)
- [Iowa Code § 447.3 Agricultural college lands.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.3.md)
- [Iowa Code § 447.4 Redemption from sale for part of tax.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.4.md)
- [Iowa Code § 447.5 Certificate of redemption — issued by treasurer.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.5.md)
- [Iowa Code § 447.6 Documentation of corrections.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.6.md)
- [Iowa Code § 447.7 Redemption by persons with a legal disability.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.7.md)
- [Iowa Code § 447.8 Redemption after delivery of deed.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.8.md)
- [Iowa Code § 447.9 Notice of expiration of right of redemption — county right of redemption.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.9.md)
- [Iowa Code § 447.10 Service by publication — fees.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.10.md)
- [Iowa Code § 447.11 Agent of nonresident.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.11.md)
- [Iowa Code § 447.12 When service deemed complete presumption.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.12.md)
- [Iowa Code § 447.13 Cost — fee — report.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.13.md)
- [Iowa Code § 447.14 Law in effect at time of sale.](https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.14.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IA_TX_C447_S447.1. Check the current official text before relying on it. Not legal advice.