Iowa Standard Residential Lease Agreement

An Iowa standard residential lease agreement is a legally protected document that is agreed upon and signed by the landlord and the tenant when renting a property. It contains important information such as the condition of the premises, the rent amount, and due dates and outlines responsibilities for both parties.

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Last updated May 10th, 2024

An Iowa standard residential lease agreement is a legally protected document that is agreed upon and signed by the landlord and the tenant when renting a property. It contains important information such as the condition of the premises, the rent amount, and due dates and outlines responsibilities for both parties.

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Disclosures 

Landlord’s Contact Details – The tenant must have the name and address of the person managing the property and the owner’s address for receiving notices in writing. (§ 562A.13(1))

Lead-Based Paint Disclosure – Tenant must be informed of the dangers of this hazardous material in properties built before January 1, 1978.

With properties built before 1978, federal law mandates that landlords inform tenants of any lead-based paint hazards in the rental unit.

Shared Utilities (conditional) – If a shared meter exists, the landlord must disclose the bill calculation before signing the lease agreement. (§ 562A.13(4))

Rent Increases – The effective date of the rent increase cannot be before the renewal and/or extension and must be 30 days in advance. (§ 562A.13(5))

Comprehensive Environmental Response Compensation and Liability Information System (conditional) – Tenants must be informed if their rental property is listed on the EPA’s system. (§ 562A.13(6))

Rent Grace Period

There is no rent grace period in Iowa.

Security Deposit

Maximum Amount – Cannot exceed 2 months’ rent. (§ 562A.12(1))

Returning – The landlord must return within 30 days of the lease’s end date.

  • Deductions – The landlord must provide an itemized list specifying the nature of the damages. (§ 562A.12(3))
  • Tenant Doesn’t Forward New Address – If the tenant does not provide an address or delivery instructions within 1 year of the end of the lease, the landlord can keep the deposit. (§ 562A.12(34)