Iowa HF743 allows cities to require a two-year occupancy period for single-family residential homes before resale.
Iowa HF743 amends city regulations to permit a two-year occupancy requirement for single-family residential homes before resale. This aims to promote community welfare by ensuring homes are lived in before being resold. Cities may make exceptions for good faith reasons. The term "occupy" is defined as physically residing in and using a property as a home, residence, or sleeping place.
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- Legal Framework
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