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Iowa Residential Purchase Agreement

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Updated June 15, 2026

An Iowa residential purchase agreement is a legal document that allows a buyer and seller to agree to the sale of real estate. If the seller accepts the offer in the purchase agreement, the buyer will proceed to the next steps of the transaction, including inspections, applying for financing, and any other due diligence items.

State Laws

Seller’s Duty – The seller must provide a completed property disclosure to the buyer at least seven days before the purchase agreement is executed.[1]

Agent’s Duty – An agent or licensee representing a seller must deliver the property disclosure statement to a potential buyer prior to the seller accepting an offer.[2]

Seller’s Disclosures (4)

Seller Property Condition Disclosure (required) – The seller must complete this disclosure form and send it to any potential buyers. This form covers structural and material damage to the property, environmental and zoning information surrounding the property, and any other relevant information.[3]

Download: PDF

Radon Disclosure Fact Sheet (optional) – Not required but recommended to be given to prospective buyers as a reference to radon information.

Download: PDF

Lead-Based Paint Disclosure (conditional) – Individuals selling property built before 1978 must disclose the possibility of lead paint to prospective buyers.[4]

Download: PDF

Lead-Based Paint Pamphlet (conditional) – Gives general information about lead-based paint for properties built before 1978.[5]

Download: PDF

Sample

Download: PDF, MS Word, ODT

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