What is an Iowa Real Estate Contract?
An Iowa real estate contract is a contract executed between a buyer and seller for the purchase and sale of property. Most real estate contracts cover important terms and conditions like:
- The agreed upon purchase price of the property
- Closing date and which party is responsible for closing costs
- Contingencies that must be met by either party
- Disclosures required by the seller
Iowa law requires that all real estate contracts contain a Seller Property Condition Disclosure, a radon disclosure, and a lead-based paint disclosure.
Common Iowa Real Estate Contracts
The type of real estate contract used in a transaction usually depends on the realtor that the buyer has hired. The two most common real estate contracts in Iowa are:
- Southwest Iowa Association of Realtors contract . Used by Realtors who are members of the Southwest Iowa Association of Realtors.
- FSBO Residential Real Estate Purchase Agreement. An easy to use contract for anyone selling a residential property, especially when the property is “for sale by owner” (FSBO) and the seller is not using a realtor.
4 Essential Elements of an Iowa Real Estate Contract
The four essential elements of an Iowa real estate contracts include:
- Identification of all parties involved in the contract
- Legal property description
- Agreed upon purchase price
- Closing dates and contingencies
All real estate contracts must be in writing and signed by all parties to be legally enforceable.
What Makes a Real Estate Contract Invalid in Iowa?
In Iowa, a real estate contract can be deemed invalid if it contains illegal or fraudulent provisions, if it is not signed by all parties involved, or if the contract's conditions have not been met.
Additionally, if one of the parties is not legally capable of entering into a contract, or if the contract is deemed to be unconscionable it can be considered as invalid.
See Real Estate Contract by State
- Alabama
- Alaska
- Arizona
- Arkansas
- California
- Colorado
- Connecticut
- Delaware
- District of Columbia
- Florida
- Georgia
- Hawaii
- Idaho
- Illinois
- Indiana
- Iowa
- Kansas
- Kentucky
- Louisiana
- Maine
- Maryland
- Massachusetts
- Michigan
- Minnesota
- Mississippi
- Missouri
- Montana
- Nebraska
- Nevada
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Ohio
- Oklahoma
- Oregon
- Pennsylvania
- Rhode Island
- South Carolina
- South Dakota
- Tennessee
- Texas
- Utah
- Vermont
- Virginia
- Washington
- West Virginia
- Wisconsin
- Wyoming
Meet some of our Iowa Real Estate Contract Lawyers
Melissa L.
Seasoned negotiator, mediator, and attorney providing premier legal advice, services, and representation with backgrounds in the following but not limited to law areas: business/commercial (restaurant & manufacturing), contracts, education, employment, family and matrimonial, healthcare, real estate, and probate & wills/trusts
Wendy C.
My legal practice is focused on business transactions like general corporate matters, fundraising, technology contract negotiation, blockchain, crypto or token analysis, and others. I hope to be a good asset to you and looking forward to finding out how I can be of help!
July 28, 2023
Brad B.
Business attorney with over 15 years of experience serving companies big and small with contracting including business, real estate and employment.
Find the best lawyer for your project
Browse Lawyers NowMeet some of our other Real Estate Contract Lawyers
Bobby H.
Bobby E. Hill, Jr. is a native of Tuscaloosa, Alabama and holds undergraduate degrees in music and business administration from Xavier University of Louisiana. He received his Juris Doctor from the University of Miami School of Law where he was a staff and articles editor for the school’s Race & Social Justice Law Review and a student attorney in the institution’s Immigration Clinic. In addition to freelancing, Bobby is currently a litigation associate at Johnson & Freeman, LLC, a boutique litigation firm in Atlanta, Georgia, where he practices in the firm's Condemnation, Probate, Real Estate Litigation, Real Estate Transactions, E-Discovery and Business and General Civil Litigation Practice areas. In this role, Bobby has acquired appreciable experience in drafting memoranda of law for partners and senior counsel, and all litigation related pleadings including pleadings related to dispositive motions, discovery, appeals, and other post-judgment relief.
Jessica M.
Jessica Molligan is an attorney with twenty years of experience in family law, bankruptcy, and litigation.
July 17, 2023
Christine T.
Christine E. Taylor focuses her practice in the areas of Hospitality Law, Business Law, Labor and Employment Law, Real Estate Law, Administrative Law, Estate Law and Litigation. Ms. Taylor grew up within the campground industry, working at parks in both the Yogi Bear’s Jellystone Park Franchise and the Kampgrounds of America Franchise. Armed with two decades of experience, Ms. Taylor is quick to point out the legal issues that apply to outdoor hospitality business owners. She has provided a wide variety of services to campgrounds, RV Parks, and glamping venues, including seasonal licenses, waivers, employment contracts, real estate services and even litigation services as needed.
June 22, 2023
David U.
I help clients with: buying and selling commercial properties including multi-family and office projects, subdivisions, retail shopping centers; and negotiating leases for retail and office landlords, retail tenants and office tenants. Over 23 years I've honed my skills by running deals at an Amlaw-100 firm, an elite real estate boutique in Aspen, Colorado and a few highly regarded national firms based in Denver, Colorado, before starting my own solo practice in 2016. Since 2016 I've been helping my clients with real estate and business deals. I'm a commercial real estate and business expert with a passion for helping clients forge successful ventures in an efficient and understandable manner.
Real Estate
Real Estate Contract
New York
Can you purchase or refinance under a land contract?
I’ve been living here for 2 years. Currently have been working with my credit union and they are having a terrible time trying to understand the legalities of my land contract first off, and secondly they just don’t seem to know what they are doing. It’s been over 8 months, 4 different loan officers and I’m once again waiting for someone else to help finish this thing out. It’s only $60,000 with a $120,000 appraisal. So, as of now I am stuck paying 2.5x monthly under this land contract than I was promised would be an easy mortgage process. So any guidance in the right direction would be very helpful. It’s a New York home. 20 yr fixed, no balloon, with a (brace yourself) 12% apr. HELP ME PLEASE! One month I’m being told to authorize a credit check for a first time homebuyer grant method of mortgaging this property. The next it’s authorizing it for a refinance. I do have earnest money deposits for over $3,000 and another $3000 paid towards principal under this land contract also.
Jane C.
I suggest you speak with a New York real estate attorney. That attorney needs to review the documents related to the transaction.
Real Estate
Real Estate Contract
Illinois
what is better to buy land or rent for construction in US?
we are a construction company from Ukraine, we are planning to build a cottage town in the USA
T. Phillip B.
I suppose it doesn't matter if you have the lease giving you permission and the lease is long enough to justify the building expense when you won't own it. But I'd buy the land so you could eventually sell the property with the building on it.
Real Estate
Real Estate Contract
Georgia
WHAT ARE YOUR FEES TO PERFORM QUIT CLAIM DEED COMPLETE BUTTS COUNTY GEORGIA 30233
SON AND EX
Meghan T.
Hi. The cost for my practice to prepare a Quit Claim Deed is $99. The Cost for me to handle the closing is $250 plus recording fees. These costs apply for any county within the state of Georgia. Let me know if you have any more questions. Meghan K Thomas
Real Estate
Real Estate Contract
Georgia
How many years does a quick claim become effective?s
Number of years for quick claim to be effect ive
Meghan T.
A quit claim deed is effective upon execution so long as the deed is dated as of the date of signature. Execution means that the deed is signed, in front of a witness and a notary. The witness and notary must also sign the deed. Finally, the deed must be recorded. This means that the deed must be submitted to the Superior Court recording office of the County in which the property sits. Please let me know if you have any questions. Thanks, Meghan K Thomas
Real Estate lawyers by top cities
- Austin Real Estate Lawyers
- Boston Real Estate Lawyers
- Chicago Real Estate Lawyers
- Dallas Real Estate Lawyers
- Denver Real Estate Lawyers
- Houston Real Estate Lawyers
- Los Angeles Real Estate Lawyers
- New York Real Estate Lawyers
- Phoenix Real Estate Lawyers
- San Diego Real Estate Lawyers
- Tampa Real Estate Lawyers
Iowa Real Estate Contract lawyers by city
- Ames Real Estate Contract Lawyers
- Ankeny Real Estate Contract Lawyers
- Bettendorf Real Estate Contract Lawyers
- Burlington Real Estate Contract Lawyers
- Cedar Falls Real Estate Contract Lawyers
- Cedar Rapids Real Estate Contract Lawyers
- Clinton Real Estate Contract Lawyers
- Council Bluffs Real Estate Contract Lawyers
- Davenport Real Estate Contract Lawyers
- Des Moines Real Estate Contract Lawyers
- Dubuque Real Estate Contract Lawyers
- Fort Dodge Real Estate Contract Lawyers
- Indianola Real Estate Contract Lawyers
- Iowa City Real Estate Contract Lawyers
- Marion Real Estate Contract Lawyers
- Marshalltown Real Estate Contract Lawyers
- Mason City Real Estate Contract Lawyers
- Muscatine Real Estate Contract Lawyers
- Newton Real Estate Contract Lawyers
- Ottumwa Real Estate Contract Lawyers
- Pleasant Hill Real Estate Contract Lawyers
- Sioux City Real Estate Contract Lawyers
- Urbandale Real Estate Contract Lawyers
- Waterloo Real Estate Contract Lawyers
- West Des Moines Real Estate Contract Lawyers
ContractsCounsel User
REAL ESTATE PURCHASE AGREEMENT
Location: Texas
Turnaround: Less than a week
Service: Contract Review
Doc Type: Real Estate Purchase Agreement
Page Count: 8
Number of Bids: 4
Bid Range: $400 - $700
ContractsCounsel User
Garland Health Clinics
Location: Texas
Turnaround: Less than a week
Service: Contract Review
Doc Type: Real Estate Purchase Agreement
Page Count: 15
Number of Bids: 2
Bid Range: $425 - $1,000
related contracts
- Addendum to Lease
- ALTA Statement
- Apartment Lease
- Apartment Rental Agreement
- Assignment of Lease
- Boundary Line Agreement
- Brokerage Agreement
- Building Contract
- Building Lease
- Business Office Lease Agreement
other helpful articles
- How much does it cost to draft a contract?
- Do Contract Lawyers Use Templates?
- How do Contract Lawyers charge?
- Business Contract Lawyers: How Can They Help?
- What to look for when hiring a lawyer