Iowa Agency Disclosure and Acknolwedgement 2025

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  1. Click ‘Get Form’ to open the Iowa Agency Disclosure and Acknowledgement in our editor.
  2. Begin by entering the name of the Company in the designated field. This identifies who is providing the agency representation.
  3. Review the different types of agency representation options listed: Seller Exclusive Agency, Buyer Exclusive Agency, and Consensual Dual Agency. Make sure you understand each option before proceeding.
  4. Fill out your name as either Seller or Buyer in the appropriate section. Ensure that you provide accurate information for proper identification.
  5. Sign and date the document at the bottom. This acknowledges that you have received a copy of this agreement and understand its contents.

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Exempt Properties: Properties exempted from the Seller Property Disclosure requirement include (IA Code 558A): Bare ground; property containing 5 or more dwelling units; court ordered transfers; transfers by a power of attorney; foreclosures; lenders selling foreclosed properties; fiduciaries in the course of an
Definition of agency disclosure a written explanation, to be signed by a prospective buyer or seller, explaining to the client the role that the broker plays in the transaction.
Use this statement to disclose information as mandated by Iowa Code chapter 558A. This law obligates certain sellers of residential property that includes at least one and no more than four dwelling units to disclose information about the property to be sold.
Iowa law requires sellers to disclose all material facts in other words, anything that could impact the buyers use or enjoyment of the property. The Seller Property Condition Disclosure form acts as a guide to help you do this thoroughly.
Below are the minimum disclosures that are required by the Iowa Code. Lead-Based Paint. Basement/Foundation and Roof. Well/Pump, Septic/Drain Fields, Sewer System. Heating and Cooling Systems. Plumbing and Electrical Systems. Pest Infestation/Asbestos/Radon. Flood Plain/Other Zoning Requirements. Covenants.

People also ask

Most seller property disclosures are required for residential properties and vacant land. This means that when selling a residential property, the seller is legally obligated to disclose any known defects or issues with the property to potential buyers.
A A licensee must provide agency disclosure to a client before or at the time of entering into an agency agreement with the client.

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