SF2448 regulates access to unit owners association records and home inspection reports in residential real estate transactions.

SF2448 amends Iowa law to require unit owners associations to provide reasonable documentation supporting fees for records and to certify payment status of dues, fees, or assessments. It mandates that buyers or their agents provide sellers with relevant portions of home inspection reports without charge. If the buyer fails to provide these portions, the seller can cancel the purchase contract without penalty. Effective July 1, 2026.

SF2448 regulates access to unit owners association records and home inspection reports in residential real estate transactions.

SF2448 amends Iowa law to require unit owners associations to provide reasonable documentation supporting fees for records and to certify payment status of dues, fees, or assessments. It mandates that buyers or their agents provide sellers with relevant portions of home inspection reports without charge. If the buyer fails to provide these portions, the seller can cancel the purchase contract without penalty. Effective July 1, 2026.