Iowa
Iowa HOA and Condo Resale Package (Resale Certificate): Fees, Deadlines, and How to Order
No Iowa statute requires a resale package, but title companies and lenders still ask for one before closing. Associations furnish it under their governing documents, and a related statute gives the association 10 business days to state what a home owes.
Free for the resale platform. No contract to sign.
Iowa Resale Package
Example Prairie Owners Association
Regular assessment
$305.00 monthly
Reserve balance
$199,400.00
Master insurance
Certificate on file
Due to the requester
Within 10 business days
Iowa at a glance
- What Iowa calls it
- Resale Package
- Fee cap
- No fixed dollar cap
- Delivery deadline
- 10 business days
- Buyer's right to cancel
- No statutory right tied to this document
Also called: resale certificate, HOA resale certificate. If you were told to get an Iowa resale certificate, or an IA resale certificate as closing agents write it, for a home in an HOA or a condominium, this is that document. It has nothing to do with the sales tax resale certificate a retailer files with the state.
What each Iowa act sets
Iowa has 2 sets of rules, and which one applies depends on how the community was created. Havn asks once which act governs a community, then applies that act's limits to every order.
Iowa Code 499B.19
Horizontal Property Act. Applies to condominiums.
- Required by statute
- No. Furnished under the governing documents.
- Fee
- No fixed dollar cap
- Deadline
- 10 business days from the request
Iowa Code 499C.2
Unit Owners Associations. Applies to HOAs and planned communities and cooperatives.
- Required by statute
- No. Furnished under the governing documents.
- Fee
- No fixed dollar cap
- Deadline
- 10 business days from the request
Iowa HOA laws on resale documents, in plain words
Each entry links to the official text. Read the statute itself before relying on a summary.
Iowa Code 499B (Horizontal Property Act)
Iowa Code chapter 499B, the Horizontal Property Act, is Iowa's condominium statute. It governs how a condominium regime (called a horizontal property regime) is created and organized, covering the declaration, bylaws, common elements, real estate taxes and assessments, and liens against units. The chapter has no standalone resale disclosure certificate; its only resale related protection is a narrower statement of unpaid assessments, and any other resale related fee follows the association's governing documents.
Iowa Code 499B.19 (Common Expenses After Voluntary Conveyance)
In a voluntary conveyance of a condominium apartment the grantee is jointly and severally liable with the grantor for the grantor's unpaid common expense assessments up to the conveyance, but is entitled to a statement from the council of co-owners or its representatives setting forth the amount of the unpaid assessments against the grantor, and neither the grantee nor the apartment is liable for, or subject to a lien for, any amount beyond what the statement sets forth. No fee and no deadline are stated. Iowa has no resale certificate statute; this statement is the buyer's protection on a condominium resale.
Iowa Code 499C (Unit Owners Associations)
Iowa Code chapter 499C applies broadly across Iowa's common interest communities, including condominiums, cooperatives, and planned communities such as homeowner and property owner associations. Rather than governing formation, assessments, or resale disclosure directly, it defines these community types and gives owners a general right to obtain the association's governing documents, rules, and recent meeting minutes and financial reports on request. It does not create a dedicated resale certificate; anyone seeking assessment or financial information for a resale relies on this same general records access right.
Iowa Code 499C.2 (Records and Documents Access)
Enacted in 2023 for every common interest community (condominiums, cooperatives, and planned communities): within 10 business days of a request by a unit owner or the owner's authorized agent, the association, its designee, or its management company must make available the organizational documents with all amendments, the bylaws with all amendments, the rules with all amendments, and the minutes of the most recent owners' meeting and the most recent executive board meeting, each including any financial reports, on paper, by email, or by posting to a website the owner can reach. The association may charge a reasonable fee that does not exceed the estimated cost of producing or reproducing the records.
The notice Havn prints on every Iowa resale package
Every Iowa document Havn prepares carries a notice that tells the reader where the document comes from and what Iowa law says about it. This is the wording, act by act.
Iowa Code 499B.19Condominiums
No Iowa statute requires a resale certificate. This Resale Package is assembled from the records that Iowa Code section 499C.2 requires a unit owners association, its designee, or its management company to make available to a unit owner or the owner's authorized agent within ten business days of the request: the organizational documents, bylaws, and rules with all amendments, and the minutes of the most recent owners meeting and the most recent board meeting with any financial reports. That right, and the ten business day period, belong to the unit owner or the owner's authorized agent. The fee for those records may not exceed the estimated cost of producing or reproducing them.
The unpaid assessment amounts in this package are furnished by the association as the statement Iowa Code section 499B.19 entitles the buyer (grantee) of a condominium apartment to receive from the council of co-owners or its representatives. In a voluntary conveyance the buyer is otherwise jointly and severally liable with the seller (grantor) for the seller's unpaid common expense assessments through the date of conveyance, without prejudice to the buyer's right to recover from the seller the amounts the buyer pays, but the buyer is not liable for, and the apartment is not subject to a lien for, any unpaid assessments against the seller in excess of the amount stated. Section 499B.19 sets no deadline and no fee for the statement.
The information in this package is current as of its issue date.
Iowa Code 499C.2HOAs and planned communities and cooperatives
No Iowa statute requires a resale certificate for a planned community or cooperative. This Resale Package is assembled from the records that Iowa Code section 499C.2 requires a unit owners association, its designee, or its management company to make available to a unit owner or the owner's authorized agent within ten business days of the request: the organizational documents, bylaws, and rules with all amendments, and the minutes of the most recent owners meeting and the most recent board meeting with any financial reports. That right, and the ten business day period, belong to the unit owner or the owner's authorized agent, not to a buyer, lender, or title company. The fee for those records may not exceed the estimated cost of producing or reproducing them.
The unpaid assessment amounts stated in this package are the association's statement of the account as of the issue date. Iowa Code chapter 499C creates no purchaser liability limit tied to this package; the buyer's exposure is governed by the association's declaration and bylaws and, for a cooperative, by the cooperative's assessment lien under Iowa Code section 499A.22.
The information in this package is current as of its issue date.
Iowa resale package: common questions
What is an Iowa resale package?
It is the package a Iowa association puts together when a home in the community is sold: what the home owes, plus the association's budget, insurance, and governing documents. No Iowa statute prescribes it, so its contents follow the governing documents and what the closing asks for.
How much does an Iowa resale package cost?
Iowa sets no dollar cap and no statute governs the fee, so the governing documents and the management contract decide it.
How long does an Iowa association have to provide a resale package?
10 business days, counted from the request.
Is a resale package required in Iowa?
No Iowa statute requires a resale package. Buyers, lenders, and title companies still ask for one, and associations furnish it under their governing documents.
Can a buyer cancel after receiving an Iowa resale package?
Iowa law ties no cancellation right to this document. Any right to cancel comes from the purchase contract or from other disclosure laws.
Who pays for the resale package in Iowa?
Whoever orders it pays the association's fee, usually the seller or the closing agent on the seller's behalf, and the purchase contract can move the cost to the buyer.
What is included in an Iowa resale package?
What the home owes the association, the fees due at closing, the budget and reserves, the insurance the association carries, pending lawsuits, and the governing documents.
How do I get a resale package in Iowa?
Ask the association, or its management company if it has one. Many take the request through an online order page and deliver by email. Once asked, a Iowa association has 10 business days. A buyer should ask the seller or the closing agent to order it.
Is this the same as an Iowa sales tax resale certificate?
No. A sales tax resale certificate is a form a retailer gives a supplier so it can buy goods without paying sales tax. It shares a name and nothing else. This page is about the HOA document used when a home is sold.
How Iowa compares with its neighbors
Management companies that work across state lines meet a different rule on each side. Iowa: no fixed dollar cap, 10 business days.
Illinois
22.1 Disclosure
$375
10 business days
Required by statute
Minnesota
Resale Disclosure Certificate
No fixed dollar cap
10 days
Required by statute
Missouri
Resale Certificate
No fixed dollar cap
10 days
Required by statute
Nebraska
Resale Certificate
No fixed dollar cap
10 days
Required by statute
See all 51 jurisdictions on the map, compare every state in the fee and deadline table, or read about lender questionnaires, estoppel letters, and demand letters.
Your next Iowa resale package could write itself.
The resale platform is free for the association. The requester pays for the document. No contract to sign.