Iowa Real Estate Purchase Agreement Template

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The Iowa purchase agreement is a form that is generally distributed by either the seller or buyer’s agent during the course of real estate transaction. It documents the details surrounding the sale of a residential property, recording data such as the contact information of both parties involved, property location, purchase/offer price, and the amount of the earnest money deposit. In order to secure the contract’s legality, the authorized individuals must endorse the document within the designated areas.

Required Disclosures

Lead-Based Paint Disclosure (42 U.S. Code § 4852d) – Seller is liable to provide the purchaser with certain documents concerning lead-based paint if the housing was constructed any year earlier than 1978.

Seller Property Condition Disclosure Form (§ 558A.2) – This disclosure form must be fulfilled and delivered to the potential buyer before issuing or accepting an offer on the home.

Realtor Version

Southwest Iowa Association of Realtors Adobe PDF