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For housing near this school, what happens to deposits when an Iowa rental property changes owners?

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Augustana College

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Compare published answers by school

Luther College

Section 562 A.12(5)-(6) addresses returning deposits or transferring them to the successor with tenant notice, and the successor’s obligations. Preserve the actual balances and required notices during a sale rather than treating deposits as sale proceeds.

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Wartburg College

Section 562 A.12(5)-(6) addresses returning deposits or transferring them to the successor with tenant notice, and the successor’s obligations. Preserve the actual balances and required notices during a sale rather than treating deposits as sale proceeds.

Sources checked

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