Iowa

 

Sale Date 3rd Monday in June
Applicable Law Code of Iowa, Title X, Subtitle 2, Chapter 446-448
Bid System Random Selection
Statutory Interest Rate

24%

Redemption Period (Months) 24
Interest Accrues Monthly
Premium allowed? No
Can pay subs? Yes
Interest Rate for Subs 24%
Frequency of Property Taxes

October 15 , April 15

Tax Lien Expiration 3 years after redemption period