
What needs to be disclosed when selling a house in Iowa?<\/h2>\n
Whether you hire a listing agent or not, before you accept an offer to sell your Iowa home, you are required by law to provide a disclosure statement to the prospective buyer, which states the existence of certain conditions affecting the home.<\/p>\n
In Iowa, the following disclosures must be listed:<\/p>\n
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- Appliances, systems, and services included in the home sale<\/li>\n
- Conditions and dates of repairs to systems (roof, heating, cooling, septic, well, etc.)<\/li>\n
- Evidence of water in the basement or crawl space<\/li>\n
- Environmental issues (lead-based paint, contaminations, asbestos, radon, etc.)<\/li>\n
- History of infestations (termites, carpenter ants, etc.) and treatments<\/li>\n
- Any physical problems or structural damage (foundation, roof, walls, floors, etc.)<\/li>\n
- If the property is located in a flood plain<\/li>\n
- Zoning, covenants, or common areas<\/li>\n
- And other known issues<\/li>\n<\/ul>\n
In the closing documentation, you must prove delivery and receipt of disclosure with a written acknowledgment of receipt from the buyer. The easiest way to do this is for the seller and buyer to sign and date the disclosure. Iowa disclosure stipulations<\/a> and a sample disclosure form are available from the Iowa legislature. The Iowa State Bar Association also provides a Residential Property Seller Disclosure Statement<\/a> form.
<\/div><\/p>\nWhy sell a house by owner in Iowa?<\/h2>\n