What is the maximum security deposit allowed for tenants in Iowa?

Full question:

How much security deposit can I ask my tenant to pay? I wanna know the Iowa law here.

  • Category: Landlord Tenant
  • Subcategory: Security Deposit
  • Date:
  • State: Iowa

Answer:

In Iowa, landlords can charge a maximum security deposit of less than two months' rent. According to Iowa Code § 562B.13, a landlord cannot demand or receive a security deposit that exceeds this limit.

This content is for informational purposes only and is not legal advice. Legal statutes mentioned reflect the law at the time the content was written and may no longer be current. Always verify the latest version of the law before relying on it.

FAQs

In Iowa, landlords can charge tenants for cleaning costs, but these charges must be reasonable and clearly outlined in the lease agreement. Any cleaning fees should not be part of the security deposit and should only be assessed for damages beyond normal wear and tear. Always ensure that any charges comply with Iowa law and are communicated to the tenant in advance.