David A. Vaudt and Jeanie K. Vaudt v. Wells Fargo Bank, N.A.

Summary

The court reversed dismissal of the Vaudts' boundary-by-acquiescence and adverse-possession claims. It held that the one-year limitation in Iowa Code section 614.14(5)(b) applies only to adverse claims arising by reason of the trustee's transfer itself, not claims based on conduct predating that transfer. The court overruled contrary precedent to the extent it applied the statute to claims unrelated to the trustee's deed.