Real estate laws are a set of laws dealing with the land and the property on it.
Some of the Iowa real estate laws include the following:
- According to the state law,
the overall conditions and the description of the property should be disclosed by the seller to the potential buyer, even before making the agreement.
- The agreement should also include the inspection of the property by a certified contractor of the state.
- Any anomaly in the property agreement or the description, which can include an unreported defect,
will be the sole liability of the seller or the real estate broker according to section 558A.