626.85 Failure of purchaser to pay — optional procedure.
79 words·~1 min read·
/ia/chapter-626-execution/626-85A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
When the purchaser fails to pay the money when demanded, the judgment holder or the holder’s attorney may elect to proceed against the purchaser for the amount; otherwise the sheriff shall treat the sale as a nullity, and may sell the property on the same day, or after postponement as above authorized.
[C51, §1913; R60, §3320; C73, §3089; C97, §4033; C24, 27, 31, 35, 39, §11733; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, §626.85]