Iowa Sample Letter for Deposit of Funds

State:
Multi-State
Control #:
US-0179LTR
Format:
Word; 
Rich Text
Instant download

Description

This form is a sample letter in Word format covering the subject matter of the title of the form.

How to fill out Sample Letter For Deposit Of Funds?

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FAQ

What Are Tenants' Rights and Responsibilities in Iowa? An Iowa tenant has the legal right to request a habitable unit to live in, make a written notice for repairs, and have due process before an eviction. If the landlord fails to comply with these terms, the tenant can seek legal help.

Landlords in Iowa can charge a cleaning fee if tenants cause damage that requires cleaning (e.g. wine stains on the carpet). Landlords cannot charge routine cleaning fees, like steam cleaning the carpet after every tenancy.

Generally speaking, landlords may use the tenant's security deposit for any cleaning or repairs required to bring the unit to the condition it was at prior to the tenant moving in. Landlords can't charge for ordinary wear and tear items in the unit.

Iowa Code section 562A. 12 provides specific requirements for accepting and returning security deposits. When asking for a security deposit, the landlord cannot take more than two months' rent.

After receiving the tenants' new address, landlords have 30 days to provide them with an itemized list of damages and repair costs that part or all of the deposit will cover. If the landlord fails to provide such a list, they waive their right to keep or use the deposit, and it must be returned to the tenant in full.

Under the law, a landlord can charge up to two months' rent as a damage deposit. This deposit is in addition to asking that you pay your first month's rent before moving in. This means if your rent will be $300 per month, you may have to give your landlord up to $900 before you move in.

If the landlord fails or simply refuses to send a written notice and/or refund the security deposit within the 30-day timeframe, the tenant may receive up to double the amount of the security deposit, plus any legal fees required by court if the deposit is withheld in bad faith.

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Iowa Sample Letter for Deposit of Funds