Iowa Release of Judgment Lien - Full Release
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How to fill out Release Of Judgment Lien - Full Release?
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FAQ
624.37 Satisfaction of judgment ? penalty. If the motion relates to a lien of judgment as to specific property, the motion may be filed by a person with an interest in the property.
Tells the court and others that a judgment has been paid in full or in part. Can be recorded with a county to release a lien against the judgment debtor's land or filed with the Secretary of State to release a lien against the debtor's personal property.
Iowa Code § 614.1. Judgments are liens upon the real estate owned by the defendant for a period of ten years from the date of the judgment.
Iowa judgment liens are created automatically when a judgment is entered on a debtor's property in the county the judgment is entered. For property located outside of that area, the creditor will need to go to the county where the property is located and file the judgment with that county court.
Note: Failure to satisfy and release a judgment, when paid off or satisfied in full, could result in a penalty of $400.00 if not filed within 30 days of written request (Iowa Code section 624.37).
When the real estate lies in the county wherein the judgment of the district court of this state or of the circuit or district courts of the United States was entered in the judgment docket and lien index kept by the clerk of the court having jurisdiction, the lien shall attach from the date of such entry of judgment, ...
A claim of lien against real estate claimed as a homestead is barred unless execution is levied within thirty days of the time the defendant, the defendant's agent, or a person with an interest in the real estate has served written demand on the owner of the judgment.
