Iowa Homebuyer? Don’t Skip This Form

Learn what’s included in Iowa’s Seller Disclosure of Property Condition and how it protects homebuyers from surprises during the real estate transaction.

Iowa Homebuyer? Don’t Skip This Form

📝 What Buyers Should Know About the Iowa Seller Disclosure Form

When you're buying a home in Iowa, one of the most important documents you'll receive is the Seller Property Condition Disclosure. While it’s not as exciting as touring homes or comparing kitchen layouts, it plays a big role in helping you understand what you're really buying.

What Is the Seller Disclosure?

The Seller Disclosure of Property Condition is a written statement from the seller outlining what they know about the condition of the home. In Iowa, it’s required by law for most residential properties with one to four dwelling units (unless exempted under specific situations, like transfers between family members or estates).

The disclosure form must be filled out by the seller—not the agent—and must include information known to them based on reasonable knowledge. It’s not a warranty or guarantee, but it’s meant to give buyers a clearer picture of the property’s condition before moving forward.

What’s Included in the Disclosure?

The Iowa disclosure form covers a wide range of topics, including:

• Water intrusion or foundation issues
• Roof condition and past repairs
• Well and septic system status
• Sewer or plumbing concerns
• Heating and cooling system repairs
• Electrical issues
• Pest infestations or structural damage
• Known presence of asbestos, radon, or lead-based paint
• Floodplain status and zoning classification
• Shared features (like driveways or fences)
• Covenants or HOA obligations

Sellers are required to explain any “Yes” answers in detail, either directly on the form or in attached pages.

When Does the Buyer Receive It?

According to Iowa law, the completed disclosure must be delivered before the seller accepts a written offer, and your agent should help ensure that happens on time. If it isn’t delivered when it should be, you may be entitled to revoke your offer—within three days of receiving it in person, or five days if it was sent by mail.

Your agent should also ensure you sign the acknowledgment form, confirming receipt.

What Buyers Should (and Shouldn’t) Expect

The disclosure form is based on the seller’s knowledge. Sellers aren’t required to hire professionals or conduct tests to verify information—they just need to answer honestly based on what they know. So if a seller checks “No” for a roof leak but hasn’t been on the roof in years, that’s not necessarily the same as having a professional roofing report.

That’s why I still recommend that all buyers order a professional home inspection, even after reviewing the disclosure.

What If the Disclosure Changes?

If the seller learns something new—say, a plumbing leak starts after they completed the disclosure—they’re required to amend the form. As a buyer, you’re entitled to receive an updated version before closing.

Final Thoughts

The Seller Disclosure of Property Condition helps reduce surprises and supports a transparent transaction. But remember: it’s a starting point, not the whole picture. When paired with a home inspection and professional guidance, it becomes a powerful tool to help you make an informed decision.

As a Broker Associate/REALTOR® at EXIT Realty and Associates, I specialize in buying and selling real estate throughout Central Iowa, including Norwalk, Des Moines, West Des Moines, Cumming, Indianola, Carlisle, Waukee, Urbandale, Grimes, Clive, Johnston, Ankeny, Altoona, and Pleasant Hill. I proudly serve Warren, Polk, Dallas, and Madison Counties.

📞 Call me, Jon Niemeyer, at 515-490-4675, and let’s find your dream home in Central Iowa!