Iowa Code 458A.20 – Tax sale — redemption by owner
Current as of: 2023 | Check for updates
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Terms Used In Iowa Code 458A.20
- and: includes the word "or" and the use of the word "or" includes the word "and". See Iowa Code 458A.2
- Owner: means the person who has the right to drill into and produce from a pool and to appropriate the oil or gas that person produces therefrom either for that person or others or for that person and others. See Iowa Code 458A.2
When any mineral rights or interests not owned by the owner of the land are sold at tax sale, and when the owner of those mineral rights or interests does not redeem under the provisions of chapter 447 within ninety days after the tax sale, the owner of the land shall thereafter have the same right of redemption as the owner of the mineral rights or interests has, and redemption by the owner of the land shall terminate any right of redemption of the owner of the mineral rights or interests.