Iowa HSB748 modifies residential real estate practices by altering access to home inspection reports and unit owners association records.
Iowa HSB748 changes how home inspection reports and unit owners association records are handled in residential real estate transactions. It requires buyers or their agents to provide home inspection reports to sellers upon request, allowing sellers to cancel contracts without penalty if reports are not provided. Additionally, it mandates that unit owners associations provide certification on the payment status of dues, fees, or assessments, and documentation supporting any fees charged for records or documents.
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