654.26 - NO DEFICIENCY JUDGMENT IN CERTAIN CASES.
654.26 NO DEFICIENCY JUDGMENT IN CERTAIN CASES. If the plaintiff has elected foreclosure without redemption, the plaintiff may include in the petition a waiver of deficiency judgment. If the plaintiff has elected foreclosure without redemption and does not include in the petition a waiver of deficiency judgment, if the mortgaged property is the residence of the mortgagor and is a one-family or two-family dwelling, and if the mortgagor does not file a demand for delay of sale under section 654.21, then the plaintiff shall not be entitled to the entry of a deficiency judgment under section 654.6.
Section History: Recent Form 87 Acts, ch 142, §12 Referred to in § 654.1A, 654.20, 654.25