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Section 651.12 - Initial court decree and appointment of referee.

IA Code § 651.12 (2019) (N/A)
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651.12 Initial court decree and appointment of referee.

The court shall file an initial decree establishing the shares and interests of all owners in a property subject to a partition petition. One referee shall be appointed in the decree unless all owners of the property agree upon a larger number of referees. The decree shall order an appraisal or estimation of the valuation of the property and may direct either a public or private sale of the property. Unless all owners of the property agree to an alternative method for conducting the appraisal or of estimating the valuation of the property, the decree shall appoint three disinterested persons with knowledge of property valuation to appraise the property. The decree shall direct the referee to file a report with the court setting forth the referee’s recommendations for completing the partition of the property. All other contested issues related to the partition petition, including liens, may be determined by the initial decree or by a supplemental decree or decrees.

2018 Acts, ch 1108, §12

Referred to in §651.28

NEW section

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Section 651.11 - Property partitioned by sale and partitioned in kind in same action.
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