Iowa HF2207 restricts private equity entities from purchasing single-family residences within 75 days of listing.
Iowa HF2207 introduces restrictions on private equity entities purchasing single-family residences. It defines "private equity entity" and "single-family residence." The bill prohibits these entities from acquiring such residences within 75 days of being listed for sale. This period starts when the residence is first listed through a multiple listing service, licensed real estate broker, or publicly accessible listing platform. Evasion through subsidiaries, affiliates, or agents is also prohibited.
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