contracts

Iowa Seller Disclosure Statement (Chapter 558A)

Iowa Code chapter 558A requires a written disclosure for transfers of one-to-four-unit property, with or without a licensee, covering structure, systems, radon, lead, flood plain, and lead water service lines. It must be delivered before the seller makes or accepts a written offer. If delivered late, the buyer may revoke without liability within three days of personal delivery or five days of mail or electronic delivery. Electronic delivery requires a written acknowledgment; auto-replies do not count. Court, foreclosure, quitclaim, and family transfers are exempt.