AGREEMENT FOR PURCHASE OF REAL ESTATEAgreement for Purchase of Real Estate • November 6th, 2013 • Iowa
Contract Type FiledNovember 6th, 2013 JurisdictionWHEREAS, Iowa Code §446.19A permits cities to acquire tax sale certificates for vacant lots and for abandoned property assessed as residential property or as commercial multifamily property at a tax sale without paying the taxes then due, to obtain the assignment of outstanding tax sale certificates by payment to the holder in the amount then due to redeem the certificate, and to give notice of expiration of the redemption period upon an expedited schedule, all for the purpose of encouraging the acquisition and rehabilitation of abandoned dwellings and the development of vacant lots for residential use; and,