2009 Iowa Code
Title 15 - Judicial Branch and Judicial Procedures
Subtitle 4 - Probate - Fiduciaries
CHAPTER 633 - PROBATE CODE
633.385 - CONVERSION.

        633.385  CONVERSION.
         1.  When realty treated as personalty.  Real property acquired
      by the personal representative by the completion of foreclosure
      proceedings, or by the forfeiture of real estate contracts, after the
      death of the decedent shall be deemed to be personal property for the
      purpose of administration and distribution of the estate.
         2.  When personalty treated as realty.  In all cases of sale
      of real property by a personal representative under order of court,
      the surplus of the proceeds of such sale remaining after the payment
      of debts and charges shall be deemed to be real property and disposed
      of in the same proportions as the real property would have been if it
      had not been sold.  

         [C66, 71, 73, 75, 77, 79, 81, § 633.385]