HomeMy WebLinkAboutAmy Wienands R.E. - 235 Newell Street - 1.18.22dotloop signature verification: dtlp.us/U5Gx-C3Sp-C2nS
98-100 Adopted by the Northeast Iowa Regional Board of REALTORS® (Revised 1/15)
0 REAL ESTATE
O SES&vtLY maw" Pon You"
AMY WIENANDS
LISTING AGREEMENT
(RIGHT TO SELL, LEASE, OR RENT REAL ESTATE)
1. THIS AGREEMENT is entered into by and between Seller and Amy Wienands Real Estate
hereinafter called Broker/Real Estate Company. The term Broker shall include Broker's affiliated Licensees. The term
Seller shall include Owner, Landlord or Optionor. The term Buyer shall include Buyer, Tenant, orOptionee_ The terms
sell and sale shall include sell, lease, rent, exchange, or option. Seller or Seller's duly authorized agent, whose signature
appears below, hereby grants to the undersigned Broker, the exclusive right to sell, lease or rent
The Property Known As 235 Newell St. Waterloo, IA 50703
1/19/22 6/19/22
For Period Beginning and Ending
For $ 169,900 or such other price and terms that are acceptable to the Seller.
Other Terms and/or Conditions:
2. PROFESSIONAL SERVICE FEE. 4.5 (%) of the sales price shall be paid to Broker if;
a. Broker procures a Buyer during the listing period ready, willing and able to purchase at the above price and
terms, or any other price and terms agreeable to Seller, or;
b. Seller or anyone else sells, exchanges, leases, rents or otherwise transfers the property during the listing period
at any price or on any terms, or;
c. Seller prevents the sale of this property by any adverse action, such as prohibiting the Buyer from making
improvements to the property required of the Buyer prior to settlement by a lender, or by attempting to cancel this
agreement. The Professional Service Fee shall be payable in cash in the county and state where Broker has his principal
office, at the time of the transaction settlement. Seller authorizes Broker or closing agent to pay Broker from Seller's
proceeds of the sale. or;
d. Before the termination of this Listing Agreement, Broker provides Seller the names and adc'" 3f persons to
whom the property was presented during the listing period or any extension thereof, and if within 30 days (protection
period) after the expiration of this listing or any extension thereof, Seller executes a Purchase Agreement with any person
on the above referenced list period. However, Seller shall not be obligated to pay such compensation if a valid Listing
Agreement is entered into during the term of said protection period.
e. LEASE AGENCY. Shniilri the oroperty or any part be leased to a tenant nrnrtured by Broker or any other Broker a
Professional Service Fee of (%) of the base term of the lease and i%) of the renewals. The fees are due
one-half upon lease signing and one-half upon lease commencement. During the lease (or extensions), should the ten-
ant purchase this subject property, I agree to pay the sales Professional Service Fee as outlined above, less the leasing
Professional Service Fee already paid for the unexpired term of the lease. Should the tenant lease additional space from
the Owner during the term of any lease resulting from this Listing Agreement, Owner agrees to pay Broker an additional
(%) on the base lease for said additional space. Broker, upon execution of any lease, may record an affidavit
setting forth its right to additional Professional Service Fees upon any renewals, exercised options, extensions, additions
to the lease or purchase of the Property, which affidavit shall be binding upon the heirs, personal representatives, succes-
sors and assigns of the Owner.
f. BUSINESS SALE. I agree to pay to Broker (%) of the SALE PRICE and to promptly execute to the Buyer
and deliver to the Buyer a Bill of Sale (or other reasonable evidence of title or ownership) covering all personal property or
enter into a contract for Bill of Sale.
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98-100 (Revised 1/15)
Property Known As: 235 Newell St. Waterloo, IA 50703
3. COOPERATIVE BROKERAGE COMPENSATION. Seller agrees that Broker may cooperate with other Brokers
and offer compensatio ' ' — ;''-'1 Ain. ID—''srs solely representing the Buyers.
Broker agrees to pay 3 % to cooperating MLS Brokers.
Broker shall disclose to Owner, in writing, any policy that would limit the participation of any other brokerage.
4. MULTIPLE LISTING SERVICE (MLS) AUTHORITY. Seller authorizes Broker to process, advertise and
distribute information about the property through the Northeast lowa Regional Board of REALTORS® Multiple Listing
Service to its subscribers within forty-eight (48) hours. Seller authorizes Broker to release all information regarding the
completed sale of the property to the Northeast lowa Regional Board of REALTORS® Multiple Listing Service.
5. ACCESS AUTHORIZATIONIINSURANCE LIABILITY. While the described property is listed for sale with the
Broker, it is agreed that such property is not considered to be in the care, custody or control of the Broker, Licensees or
employees. Seller authorizes Broker to allow access to the property at reasonable hours by Licensees, MLS Subscribers,
and other persons including but not limited to appraisers, inspectors and utility company personnel, as necessary to
complete the sale. Seller shall maintain in force adequate insurance to protect Seller in the event of any damage, loss or
claims arising from access to the property and/or liability for personal injury and agrees to hold the Broker harmless
therefrom.
6. PROPERTY DISCLOSURES. Seller agrees to provide a signed Seller Disclosure of Property Condition and a Lead
Based Paint Disclosure if required by lowa Code Chapter 543 B. Seller agrees to indemnify Broker from all damages that
may arise out of undisclosed or incorrect facts or statements of Seller. The Seller acknowledges that the Seller has a legal
duty to disclose to any proposed Buyer any material defects of which the Seller has actual knowledge and which a
reasonable inspection by the proposed Buyer would not reveal.
7. TITLE. Seller agrees to convey the property by Warranty Deed unless otherwise specified and provide an abstract
continued to date of sale, showing good and merchantable title subject to easements and restrictions of record, applicable
building restrictions and zoning regulations. Seller also agrees to pay any mortgage prepayment penalty, all taxes to date of
settlement, and customary settlement costs. Seller will fumish information, which may be required by law and sign corre-
sponding documents needed to be filed with the deed.
8. REMEDIES OF THE PARTIES. If Broker successfully defends any court action brought against Broker by Seller, or
any other person involved in the sale of this property, or it is necessary to employ an attomey to collect sums due hereun-
der, Seller agrees to pay all usual and reasonable court costs and attomey's fees expended by Broker. In addition to the
rights given to the parties under Iowa Code Section 617.3 and not in limitation thereof, it is mutually understood and agreed
that this listing agreement and any contract arising therefrom, shall be deemed to have been made in the State of lowa and
any and all performance thereunder or breach thereof shall be interpreted, governed and construed pursuant to the laws of
the State of Iowa. The parties consent that the Iowa District Court in and for Black Hawk County shall be the forum in which
to bring any cause of action arising out of or under this agreement, or any subsequent agreement entered into by Seller as
a result of Broker's efforts concerning the above described property. The parties agree that such court shall have jurisdic-
tion of the person or the parties for such action.
9. BROKERAGE SERVICES ONLY. Seller acknowledges that Broker is acting as a Real Estate Broker and not as an
attorney, tax advisor, lender, appraiser, surveyor, structural engineer, property inspector, consultant or other professional
service advisor. Owner is hereby advised to seek such other professional advice as may be important to Owner.
The following minimum service shall be provided to the client.
(1) Accept delivery of and present to the client offers and counteroffers to buy, sell, rent, lease, or exchange
the client's property or the property the client seeks to purchase or lease. (2) Assist the client in developing,
communicating, negotiating, and presenting offers or counteroffers until a rental agreement, lease, exchange
agreement, offer to buy or sell, or purchase agreement is signed and all contingencies are satisfied or waived
and the transaction is completed. (3) Answer the client's questions relating to the brokerage agreements, listing
agreements, offers, counteroffers, notices, and contingencies. (4) Provide prospective buyers access to listed
properties.
10. NOTICE AND COUNTERPARTS. Any notice required under this agreement shall be deemed given when
it is received in writing either by hand delivery, fax, retum receipt requested mail, or electronic mail. Persons designat-
ed for receipt of any notice for the purpose of this agreement shall be the Seller or their Broker. A signed copy of this
agreement, and all addendums or amendments to this agreement shall, taken together, constitute a single binding
agreement.
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98-100 (Revised 1/15)
235 Newell St. Waterloo, IA 50703
Property Known As:
11. ELECTRONIC SIGNATURES. In accordance with Iowa Code ch. 554D, all parties agree that this transaction may
be conducted by electronic means, and certified electronic signatures shall be equally binding.
12. FOREIGN PERSON STATUS. (FIRPTA, Foreign Investment in Real Property Tax Act.) Seller is not a
foreign person as defined in Internal Revenue Code Section 1445 and any related regulations. At closing, Buyer will have
no duty to collect withholding taxes for Seller pursuant to the Foreign Investors Real Property Tax Act of 1980, as
amended.
13. RELEASE OF INFORMATION. Seller authorizes lender(s), contract holder(s) and utility companies to provide
Broker with any and all information regarding the above described property. Seller hereby authorizes Broker to use a "for
sale" sign, electronic lock box, exterior and interior pictures, and all forms of advertising media, including but not limited to
Internet, print, radio and television in Broker's efforts to sell the property unless otherwise noted in this agreement.
SELLER OPT OUT:
Seller advises Broker that Seller does not want the listed property displayed on the intemet.
Initials Initials
Seller advises Broker that Seller does not want the property's address displayed on the Internet.
Initials Initials
Seller acknowledges that by choosing "OPT our consumers who conduct searches on the Internet
Initials Initials will not see Information about my listed property.
14. ACKNOWLEDGMENTS. Seller and Broker acknowledge that they have read this agreement, that all information
contained in this agreement is true and accurate to the best of their knowledge and they have each received a copy of the
executed agreement. THIS AGREEMENT may be executed in one or more counterparts each of which shall be deemed
original and all of which, taken together, shall be construed as a single instrument and shall be binding upon the heirs,
successors, assigns, executors and administrators of the parties.
Any modification of this agreement must be in writing and signed and dated by all parties. This property is
offered without respect to race, color, religion, sex, handicap, familial status or national origin.
THIS IS A LEGALLY BINDING AGREEMENT, IF NOT UNDERSTOOD, SEEK LEGALADVICE.
Signed this 18 day of January , 20 22
Amy Wienands Real Estate
Seller
Real Estate Company Seller
Licensee
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Seller
Seller
Seller Address/Phone
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10 AMY WLANDS
REAL ESTENATE
OBSESSIVELY WORKING FOR YOU/
Amy Wienands Real Estate - Listing Program Acknowledgement
Property Address 235 Newell St. Waterloo, IA 50703
Sellers City of Waterloo
We are choosing to enter into a listing agreement with Amy Wienands Real Estate.
By selecting a listing program below, we agree to and acknowledge that we
understand the terms and conditions of the specific listing program. In choosing the
Standard Listing Program we understand that Amy Wienands is not obligated under
any circumstances to purchase our home or land/lot. Under the Guaranteed Sale
Program, Amy Wienands is obligated to purchase our home or land/lot only if our
home or land/lot qualifies under the program and only pursuant to the express
terms of said program.
Seller
Agent
Amy Wienands Team - Standard Listing Program
Amy Wienands Team - Guaranteed Sale Program
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Date 1/18/2022
Date
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COMPANY POLICY/AGENCY DISCLOSURE AND ACKNOWLEDGMENT
(To be signed by Seller/Buyer at or prior to the time specific assistance is first provided.)
When you enter into a discussion with a real estate licensee regarding a real estate transaction, you should from the outset
understand who the licensee is representing in the transaction. More importantly, you should understand how that
representation affects your relationship with the Company (the term "Company" hereinafter refers to the Real Estate Company
and its Licensees). Below is a list of the representation options available from Amy Wienands Real Estate (hereinafter referred to
as the "Company")
Licensee has "checked" the appropriate box(s) for each policy that applies to Company. The term "Seller" shall hereinafter refer to
Seller, Landlord or Optioner. The term "Buyer" shall hereinafter refer to Buyer, Tenant or Optionee.
SELLER EXCLUSIVE AGENCY
When the Company/Licensee lists property for sale and the property is sold by a different real estate Company, it is
the policy of the Company to represent the Seller(s) exclusively.
BUYER EXCLUSIVE AGENCY
When the Company/Licensee assists you in writing your purchase agreement and the property is listed with a
different real estate company, it is the policy of the Company/Licensee to represent the Buyer(s) exclusively. If the
Company/Licensee represents the Buyer(s) exclusively, the Company/Licensee may receive compensation for the
transaction from the listing company pursuant to a cooperation agreement between the two Companies or may be
compensated by the Buyer.
SELF REPRESENTATION
A person(s), partnership, or company (buying or selling) may represent themselves in a transaction. If a Buyer or
Seller elect to represent themselves in a transaction, it is the policy of the Company/Licensee to treat that Buyer or
Seller as a "Customer" and not as a "Client". "Customer" means a consumer of real estate services in connection
with a real estate transaction who is not being represented by the licensee, but for whom the licensee may perform
ministerial acts. A customer may be a client of another broker, may not have yet decided whether or not to be
represented by any broker, or may have chosen not to be represented by any broker. "Client" is defined below under
"Duties of a Real Estate Licensee to a Client".
CONSENSUAL DUAL AGENCY
A. When a real estate company both lists and sells the property (the Listing Company and the Selling Company are
the same company), it is the policy of the Company/Licensee to represent the Seller(s) and Buyer(s) as Consensual
Dual Agent(s).
B. A real estate Company/ Licensee acting directly or through a licensee can legally be the Agent of both the Seller
and the Buyer, but only with the knowledge and written consent of both parties. If a Buyer represented by a
Company/Licensee wants detailed information about, or to see, a property of a Seller being represented by the same
Company, the Company/Licensee wants detailed information about, or to see, a property of a Seller being
represented by the same company, the Company/ Licensee shall make every reasonable effort to remain impartial to
the parties. In these circumstances, Company/Licensee immediately becomes a Dual Agent. Seller and Buyer
acknowledge that prior to such circumstances, Company/Licensee acted as agent of the Seller and acted as agent of
the Buyer. In those separate roles, Company/Licensee may have obtained information which, if disclosed, could
harm the bargaining position of the party providing such information to Company/ Licensee.
Provisions that govern the actions of Company/Licensee:
1. Company/Licensee shall not knowingly say anything which might place one party at a disadvantage, disclose
personal confidence of one party to the other party, including motivation to sell/buy, negotiating strategy, or
any other information a party specifically instructs Company/Licensee in writing not to disclose, unless
disclosure is required by law.
2. Company/Licensee shall not, without prior written consent of Seller, disclose to Buyer that Seller might accept
a price less than the listing price, or accept terms less favorable to Seller than is indicated in the listing
agreement, nor shall Company/Licensee, without the prior express written consent of Buyer, disclose to Seller
that Buyer may be willing to pay a higher price, or accept terms less favorable to Buyer than those indicated in
Buyers last written offer.
3. Company/Licensee will endeavor to be impartial between the parties and shall not represent the interests of
either Seller or Buyer to the detriment of the other party. Company/Licensee is obligated to inform each party
of all facts Company/Licensee knows which would affect the party's decision to permit Company/Licensee to
represent both Seller and Buyer.
Seller and Buyer are not required to consent to Dual Agency.
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ROLE OF BUYER AND SELLER IN CONSENSUAL AGENCY. In a Dual Agency situation, Seller and Buyer acknowledge and agree
they have the responsibility to negotiate and make their own decisions as to what terms are to be included in any agreement for
the purchase and sale of Seller's property. Seller and Buyer also acknowledge they understand that Company/Licensee representing
more than one party to a transaction can create a conflict of interest since both clients may rely upon Company/Licensee's advice,
and the client's respective interests may be adverse to each other. Seller and Buyer understand they may seek independent legal
counsel in order to assist them with any matter relating to a purchase agreement or any other aspect of this transaction. Seller and
Buyer have the duty to protect their own interests and are advised by Company/ Licensee to carefully read all documents to assure that
they adequately express the parties understanding of the transaction. If Seller or Buyer have questions regarding the duties and
responsibilities of Company/ Licensee, those questions should be resolved before signing this document.
BROKER'S ADMINISTRATIVE TRANSACTION FEE
The broker's administrative fee covers a portion of the cost of printing, handling and archiving all documents required by local, state and
federal laws and regulations. In addition, the Client will also receive a zip drive of all pertinent documents pertaining to their
transaction. The zip drive will be sent by 1st class mail, within 30 business days of closing, to the address provided at closing. All paper
documents will be retained for a period of 5 years. The Client agrees to pay Amy Wienands Real Estate an administrative fee of $198 at
the time of closing.
DUTIES OF A REAL ESTATE LICENSEE TO A CLIENT
A client is a party to a transaction who has an agency relationship with a Company/ Licensee for real estate services. A Company/
Licensee providing real estate services to a client shall do all of the following:
a. Place the client's interests ahead of the interests of any other party, unless loyalty to a client violates the Licensee's duties
under the Consensual Dual Agency provision of the Iowa Code or any other applicable law.
b.Disclose to the client all information known by the Company/ Licensee that is material to the transaction and that is not
known by the client or could not be discovered by the client through reasonably diligent inspection.
c.Fulfill any obligation that is within the scope of this Company Policy/ Agency Disclosure and Acknowledgment , except those
obligations that are inconsistent with other duties that the Company/ Licensee has under the provisions of the Iowa Code or
any other law.
d. Disclose to a client any financial interests the Company/ Licensee has in any business entity to which the Company/Licensee
refers a client for any service or product related to the transaction. The client is not obligated to use any such recom mended
company, and may select a different company. Note: Compan icense circle applicable) has a financial interest in or an
affiliate relationship with the following companies or business entities: Black Hawk County Abstract & Title
DUTIES OF A REAL ESTATE LICENSEE TO ALL PARTIES TO THE TRANSACTION
In providing real estate services to all parties to a transaction, Company/Licensee shall do all the following:
A. Provide brokerage services to all parties to the transaction honestly and in good faith.
B. Diligently exercise reasonable skill and care in providing real estate services to all parties.
C. Disclose to each party all material adverse facts that the licensee knows except for the following:
1. Material adverse facts known by the party
2. Material adverse facts the party could discover through a reasonably diligent inspection, and which would be
discovered by a reasonable prudent person under like or similar circumstances.
3. Material adverse facts the disclosure of which is prohibited by law.
4. Material adverse facts that are known to a person who conducts an inspection on behalf of the party.
D. Account for all property coming into the possession of a licensee that belongs to any party within a reasonable time of
receiving the property.
If you do not understand this document, seek legal advice before signing. The undersigned acknowledges that the Company/
Licensee has made a full disclosure of the types of representation the Company can provide. The undersigned acknowledge receipt
of a copy of this Company Policy/ Agency Disclosure and Acknowledgement document.
1/18/2022
Seller/Buyer
Date
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Adopted by the Northeast Iowa Regional Board of REALTORS® (Revised 7/16)
CONSENT TO DUAL AGENCY
(To be signed by Seller/Buyer at time specific assistance is first provided)
The term "Seller shall hereinafter refer to Seller, Landlord, or Optionor. The term "Buyer shall hereinafter refer to
Buyer, Tenant, or Optionee.
I have read and understand paragraph IV, Consensual Dual Agency of the Company
Policy/Agency Disclosure and Acknowledgment and hereby agree to Consenual Dual
Agency representation in those situations.
Buyer
Date
Buyer
Date
Buyer
LXv¢/I�i/1 Hgr^C
1/18/2022
Seller
Date
Seller
Date Seller
Buyer
Date
Company
Licensee
Date
Date
Seller
Date
Amy Wienands Real Estate
Company
Zaeacasu
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Cl0RIMY E S T A T E DS
REAL E S T A T E
[iSLaS'IVLL} V�OlihiN[;!-UN VUIl�
SELLERS RECEIPT OF FORMS & DISCLOSURES
SELLER(S) NAME City of Waterloo
Please initial on each line below that you have received and/or understand each item.
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Equal Opportunity in Housing Brochure
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Lead Poisoning - How to Protect Iowa Families Brochure
Iowa Radon Home Fact Sheet
Showing instructions will be provided to any licensee who has set an appointment
to conduct a private showing of the Seller's home. Amy Wienands Real Estate cannot guarantee that
these instructions will be followed specifically at all times by such licensee. Seller agrees to contact
Amy Wienands Real Estate with any showing concerns and the Listing REALTOR® will follow up as
needed.
DUE DILIGENCE ON CRIME NOTICE
Important Information: Under federal and state regulations, some individuals who have been
classified under certain criminal offenses, including sex offenders, may be required to register their
address with local authorities. If this information is important to you, you should contact local
authorities, agencies and neighborhood groups, including, but not limited to the following official
Iowa websites and other resources:
www.IowaSexOffender.com County Sheriff's Office Iowa Department of Criminal
www.CriminalCheck.com Local Police Department Investigation
www.FamilyWatchDog.com
As Realtors®, we do not know the whereabouts of these individuals and are not required
to find or disclose this information. Please contact the agencies listed above.
Seller understands that a prospective buyer may inquire with local law enforcement as to the
location of known sex offenders which may impact the property.
1 /18/2022
Seller
Date
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REALTOR®
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Seller
Date
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0 AMY WiENA7DS
REAL ESTATE
QBSESSlVELY WQRKING FQR YQU!
ESTIMATE OF SELLER'S EQUITY
SELLER NAME City of Waterloo
PROPERTY ADDRESS 235 Newell St. Waterloo, IA 50703
TENATIVE CLOSE DATE
(a) LIST PRICE $169,900
OFFER PRICE $ $
(b) ESTIMATED CLOSING EXPENSES
Abstracting $525 $ $
Attorney's Fees $85 $ $
Brokerage Real Estate Fee $7645 $ $
Brokers Administrative Transaction Fee $198 $ $
Closing Fees Paid for Buyer $ $ $
Transfer Tax $271.20 $ $
Overnight Mail Cost $ $ $
Repairs & Inspection Fees $ $ $.
Termite/Pest Inspection/Treatment $ $ $.
TOTAL ESTIMATED CLOSING EXPENSES $8724.20 $ $
(c) OUTSTANDING DEBTS
First Mortgage Balance $ $. $
Second Mortgage/Liens $ $ $
Prepayment/Penalty (if any) $ $ $
Other Liens, Judgments and Assessments $ $ $
TOTAL OUTSTANDING DEBTS $ $ $
(d) REAL ESTATE TAXES
Real Estate Taxes Due $TBD $ $
Pro -Rated Taxes $ $ $
Special / Other Taxes $ $ $
TOTAL REAL ESTATE TAXES DUE $TBD $ $
(e) ESTIMATED TOTAL EXPENSE $8724.20 $ $
(f) ESTIMATED PROCEEDS TO SELLER $161175.80 $ $
The figures shown are preliminary estimates for planning purposes only. Actual costs will be shown in a
Closing Statement prepared and approved by your closing agent. Other costs not shown here may be
incurred by you. Usual pro -rations will be made at closing for real estate taxes, etc., as specified in the
Purchase Agreement. Your attorney's fees should also be considered as an expense of the sale. Figures
shown are estimates.
Statement prepared by:
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Seller
Date
Seller
Date
98-103 Adopted by the Northeast Iowa Regional Board of REALTORS® (Revised 10/19)
SELLER DISCLOSURE OF PROPERTY CONDITION
PROPERTY ADDRESS 235 Newell St. Waterloo, IA 50703
REALTOR
OWNERS NAME(S). PLEASE PRINT City of Waterloo
PURPOSE OF STATEMENT: The State of Iowa requires the Seller(s) of certain property to disclose information about the
property to be sold. Completion of this form shall satisfy the requirements of Chapter 558A of Iowa Code which mandates the
Seller(s) disclose the condition of and information about the property the Seller(s) is about to sell.
THIS STATEMENT SHALL NOT BE A WARRANTY OF ANY KIND BY THE SELLER(S) OR SELLER'S(S) AGENT AND SHALL
NOT BE INTENDED AS A SUBSTITUTE FOR ANY INSPECTION OR HOME WARRANTY INSURANCE THE PURCHASER MAY
WISH TO OBTAIN.
SELLER'S(S) DISCLOSURE: As Seller(s), I/We disclose the following information regarding the property and certify that this
information is true and accurate to the best of my/our knowledge as of the date signed. Seller(s) authorizes the agent to provide a copy
of this statement to any person or entity in connection with actual or anticipated sale of the property or as otherwise provided by law. The
following are representations made by Seller(s) and are not the representations of the Licensee, who has no knowledge of the condition
of the property and Seller(s) agrees to indemnify and hold Licensee harmless. If attached to a Purchase Agreement, this Seller Disclosure
of Property Condition shall be fully incorporated therein and shall be made a part thereof as if fully set forth at length therein. The following
representations shall survive any closing and shall not merge into any deed for the property.
INSTRUCTIONS TO SELLER(S):
(1) Respond to all questions or attach reports allowed by Iowa Code Section 558A.4 (2).
(2) Disclose all known conditions materially affecting this property.
(3) If an item does not apply to this property, indicate it is not applicable (NA).
(4)Additional pages or reports may be attached.
(5) If the required information is unknown or is unavailable following a reasonable effort, use an approximation of the information, or
indicate that the information is unknown (UNK). All approximations must be identified as (AP).
ALL APPLIANCES & SYSTEMS INCLUDED IN THE TRANSACTION ARE IN WORKING ORDER EXCEPT AS NOTED.
Item
Good Working Order? Comments
Alarm System (Built In)
NA
•
Yes
•
No
•
Unk ❑
Attic Fan
NA
•
Yes
•
No
❑
Unk •
Carbon Monoxide Detector
NA
•
Yes
•
No
•
Unk •
Central Vac System
NA
Yes
No
•
•
•
Unk •
Ceiling Fan
NA
❑
Yes ❑
No
•
Unk •
Dishwasher (Built In)
NA
•
Yes
•
No
•
Unk •
Furnace Humidifier
NA
•
Yes
•
No
❑
Unk •
Garage Door Opener
NA
Yes
No
Number of Remote Controls:
•
•
•
Unk •
Garbage Disposal
NA
•
Yes
•
No
•
Unk •
Gas Grill (Built In)
NA
•
Yes
•
No
•
Unk •
Hood/Fan
NA
Yes
No
Unk 0
■
•
•
Hot Tub (Built In)
NA
•
Yes
•
No
•
Unk •
Intercom (Built In)
NA
•
Yes
•
No
•
Unk •
Lawn Sprinkler System
NA
•
Yes
•
No
•
Unk •
Microwave (Built In)
NA
•
Yes
•
No
•
Unk •
Pool System
NA
Yes
No
•
•
•
Unk •
Range/Oven (Built In)
NA
Yes
No
•
•
•
Unk •
Refrigerator (Built In)
NA
■
Yes
•
No
•
Unk •
Satellite Dish System
NA
•
Yes
•
No
•
Unk •
Sauna (Built In)
NA
Yes
No
•
•
•
Unk •
Smoke Alarm
NA
•
Yes
•
No
•
Unk •
Solar Heating System
NA
■
Yes
•
No
•
Unk •
Sound System (Built In)
NA
•
Yes
•
No
•
Unk •
Sump Pump (Built In)
NA
Yes
No
•
•
•
Unk •
Trash Compactor (Built In)
NA
•
Yes
No
❑
•
Unk •
Water Filtration System
NA
Yes
No
Unk ❑
Rented ❑ Owned 0
•
•
•
Water Heater
NA
•
Yes
•
No
•
Unk •
Water Softener
NA
0
Yes
•
No
•
Unk •
Rented • Owned •
Jetted Tub
NA
•
Yes
■
No
•
Unk •
Other
NA
•
Yes
■
No
•
Unk ■
Page 1 of 3
98-103 (Revised 10/19)
PROPERTY ADDRESS 235 Newell St. Waterloo, IA 50703
121
REALTOR
PROPERTY CONDITIONS, IMPROVEMENTS AND ADDITIONAL INFORMATION:
1. BASEMENT / CRAWL SPACE / SLAB: Any known water, seepage or other problems? Yes❑ No ❑ Unk[❑
Describe.
Repairs/ Replacement/ Date:
2. FOUNDATION(S): Any known foundation damage or settlement? Yes El No ❑ Unk❑
Describe.
Repairs/ Replacement/ Date:
3. ROOF: Any known problems? Yes No ❑ Unk❑
Describe:
Repairs/ Replacement/ Date-
4. WELL WATER SYSTEM: Any known problems? NA❑ Yes El No ❑ Unk❑
Describe.
Type of Well Location Age
Has the water been tested? NA❑ Yes❑ No ❑ Unk❑
If yes, date of last report and results:
Any known plans to bring city or rural water to your area and/or requirements to connect to NA❑ Yes❑ No CI Unk❑
city or rural water lines when available?
5. CITY SEWER/SEPTIC TANKS/DRAIN FIELDS/OTHER DISPOSAL SYSTEM: Any known problems? Yes ❑ No ❑ Unk ❑
Describe*
Septic System: Has the septic system been inspected by DNR certified Inspector? NA❑ Yes El No ❑ Unk❑
Date of Inspection: Certified Inspector name.
Has septic System been pumped? Date last pumped NA❑ Yes El No ❑ Unk❑
Any known plans to bring city sewer to your area and/or requirements to connect to city sewer? NA❑ Yes El No ❑ Unk❑
Describe
Repairs/ Replacement/ Date.
Is the property in compliance with local city ordinances requiring that perimeter tile lines NA❑ Yeslo No ❑ Unk❑
do not drain into the city sanitary sewer?
Describe:
Repairs/ Replacement/ Date:
6. HEATING SYSTEM(S): Any known problems? Yes❑ No ❑ Unk❑
Describe:
Repairs/ Replacement/ Date:
If you have an LP gas tank, is it rented ❑ or owned ❑ Comments:
7. CENTRAL COOLING SYSTEM(S): Any known problems? NA❑ Yes LD No ❑ Unk❑
Describe:
Repairs/ Replacement/ Date:
8. FIREPLACE(S) / WOOD BURNING STOVE(S): Any known problems? NA❑ Yes❑ No ❑ Unk❑
Describe: Date last used:
Repairs/ Replacement/ Date-
9. PLUMBING SYSTEM(S): Any known problems? Yes ❑ No ❑ Unk❑
Describe*
Repairs/ Replacement/ Date-
10. ELECTRICAL SYSTEM(S): Any known problems? Yes No I❑ Unk❑
Describe:
Repairs/ Replacement/ Date-
11. WINDOWS: Any known problems? Yes El No ❑ Unk❑
Describe
Repairs/ Replacement/ Date:
12. PEST INFESTATION: Any known problems? Yes El No ❑ Unk❑
Describe:
Repairs/ Treatment/ Date:
13. ASBESTOS/LEAD BASED PAINT: Any known Asbestos OR Lead Based Paint present?
Describe -
Removal/ Remediation/ Date:
Yes No ❑ Unk❑
14. RADON: Any known test(s) for the presence of radon gas? Yes[1] No 0 Unk❑
If yes, test results/ Date: Mitigation/ Date*
Removal/ Remediation/ Date:
Page 2 of 3
98-103 (Revised 10/19)
PROPERTY ADDRESS 235 Newell St. Waterloo, IA 50703
121
REALTOR
15. FUNGI/MOLD: Any known fungus or mold?
Describe:
Yesl❑ No ❑ Unk❑
Removal/ Remediation/ Date:
16. GROUNDWATER HAZARD STATEMENT will be filed by the Seller(s) at closing regarding the following items.
Are there any known: 1. Wells, 2. Solid waste disposal, 3. Hazardous waste, 4. Underground storage tanks,
5. Private burial site. Yes❑ No ❑ Unk0
Describe / Location:
17. COVENANTS: Is the property subject to restrictive covenants? Yes❑ No 0 Unk❑
If YES, attach a copy or state where a true, current copy can be obtained. Location:
18. ENVIRONMENTAL CONCERNS: Any known environmental concerns? Yes❑ No 0 Unk0
Describe:
19. FLOOD PLAIN/FLOODWAY: Is the property located in a flood plain or floodway? Yes❑ No ❑ Unk0
Flood plain/floodway designation:
20. ZONING: Zoning of this property is• Unkl❑
Any proposed changes in zoning, including variances? Yes❑ No Unk0
Describe:
21. REAL ESTATE DISTRICT: Is the property located in a Historical Preservation District? Yes❑ No 0 Unk0
22. OTHER ITEMS: Are you aware of any of the following:
1. Any known features of the property shared in common with adjoining landowners (Example: Yes 0 No 0 Unk0
walks, fences, roads, driveways, well water system, etc.) whose use or responsibility for
maintenance may have an effect on the property?
Describe.
2. Any known encroachments, easements, common areas (Example: facilities like pools, tennis Yes0 No 0 Unk0
courts, walkways or other areas co -owned with others), zoning violations, non conforming uses, or
homeowners association which has any authority over the property?
Describe:
3. Any known fees and/or dues? (Example: homeowner association fees, land lease fees, Yes❑ No 0 Unk0
maintenance fees or other financial obligations to owner?)
Describe fee and state amount:
4. Any known modifications, remodeling, alterations, or repairs, etc. made without Yes❑ No ❑ Unk❑
necessary permits or licensed contractors?
Describe.
5. Any known physical problems? (Example: settling, flooding, drainage or grading problems, etc.) Yes❑ No ❑ Unk0
Describe:
6. Has there been a property/casualty loss, an insurance claim, OR major damage to the property Yes ❑ No El Unk❑
OR other conditions? (e.g. fire, wind, hail, flood, landslides.) If Yes, has the damage been repaired/replaced?
Describe -
Additional Remarks'
In no event shall the parties hold the Licensee(s) liable for any representations not directly made by the Seller's(s) Agent or Broker.
SELLER(S) DISCLOSURE: THE SELLER(S) HAS OWNED THE PROPERTY SINCE (DATE).
The Seller(s) has stated above the history and condition of all of the items based solely on the information known to the Seller(s).
IN THE EVENT ANY CHANGES OCCUR IN THE REPRESENTATIONS HEREIN, FROM THE DATE OF THIS FORM TO THE
TIME OF CLOSING, SELLER(S) SHALL IMMEDIATELY DISCLOSE SUCH CHANGES IN WRITING TO BUYER(S).
Seller(s) acknowledges requirement that Buyer(s) be provided with the "Iowa Radon Home -Buyers and Sellers Fact Sheet" prepared
by the Iowa Department of Public Health.
You must explain any "YES" response(s) to the above. Use the back of this form or additional sheets as necessary.
Qsie 1-i';� Ha4
1
1/18/2022
Seller
Date
Seller
Date
BUYER(S) ACKNOWLEDGEMENT:
Buyer(s) acknowledge receipt of a copy of this Seller Disclosure of Property Condition. This statement is not intended to be a
warranty or to substitiue for any inspection Buyer(s) may wish to obtain. Buyer(s) acknowledge receipt of the "Iowa Radon Home -
Buyers and Sellers Fact Sheet" prepared by the Iowa Department of Public Health.
Buyer
Page 3 of 3
Date Buyer
Date
Client Information Sheet
Primary Contact Name:
Secondary Contact Name:
Home Phone #:
Home Phone #:
Cell Phone #:
Cell Phone #:
Email Address:
Email Address:
Birthday:
Birthday:
I prefer communication through: phone
text) ❑ I email
Current Address:
Future Contact Information
Address (if known):
Phone (if known):
Office Use Only
Agent:
Source:
Lender:
❑ ❑
Buyer/Seller
AEMYL V1liSENTATE
AN DS
R
OBSESSIVELY
EWORKING FOR YOU!
What is Radon?
Radon gas occurs naturally in the soil, and is produced by the
radioactive breakdown or decay of uranium and radium. Long ago,
glacial activity left behind ground -up deposits of many minerals such
as uranium in the soil or upper crust in Iowa. Because radon is a gas it
can seep into buildings, including homes. It is an odorless and
invisible gas that is also radioactive and harmful to humans when
inhaled.
Where is Radon found in Iowa?
EPA has identified all counties in Iowa as Zone 1. Zone 1 counties
have a predicted average indoor radon screening level of more than 4
pCi/L (picocuries per liter). The total average indoor radon level in
Iowa is 8.5 picocuries per liter (pCi/L) of air, and in the United States
it is 1.3 pCi/L of air. Average radon levels of 4 pCi/L are considered
elevated, and remediation is recommended.
The primary source of high levels of radon in homes is in the soil
below and soil surrounding the home. It is found in new and old
homes, and in homes with and without basements. Based on data
collected from radon home tests, the Iowa Department of Public
Health (IDPH) estimates that as many as 5 in 7 homes (or greater
than 50-70%) across Iowa have elevated radon levels. Radon levels
can vary from area to area and can vary considerably from house to
house, even on the same street and neighborhood. A high and low
level of radon can be found in homes directly next to each other.
How does Radon get into a home?
Warm air rises, creating a small vacuum in the lower areas of a house.
Radon moves through and into the home as air moves from a higher
pressure in the soil to a lower pressure in the home. Radon gas seeps
into a house the same way air and other soil gases enter: from the soil
around and under the home and through cracks in the foundation, floor
or walls; hollow -block walls; and openings around floor drains, pipes
and sump pumps; and through crawl spaces.
What are the Health Effects of Radon?
There is overwhelming scientific evidence that exposure to elevated
levels of radon causes lung cancer in humans. Radiation emitted from
radon can cause cellular damage that can Iead to cancer when it strikes
living tissue in the lungs. Radon is the first leading cause of cancer in
nonsmokers, and the second leading cause of lung cancer overall. It is
responsible for about 21,000 deaths every year in the US. EPA also
estimates that long-term exposure to radon potentially causes
approximately 400 deaths each year in Iowa.
How do Home Buyers in Iowa find out if a home they
are purchasing has elevated levels of Radon?
Home buyers interested in purchasing a home can test the homes for
radon by contacting a licensed or certified radon measurement
specialist. They can find a list of licensed radon measurement
specialists by going online to www.idph.state.ia.us/eh/radon.asp and
searching the list of Iowa radon measurement specialists by county, or
by contacting a real-estate professional for help on finding a radon
testing professional. Remember, the IDPH, the Environmental
Protection Agency, the American Lung Association, and the
Surgeon General recommend radon testing all new and existing
homes for radon in Iowa before they are sold or before they are
transferred to a different owner.
How can elevated levels of Radon be fixed?
Licensed or credentialed radon mitigation contractors can install a
radon mitigation system that provides a permanent solution. A typical
radon mitigation system includes a suction point that addresses the soil
underneath the structure. A home that has been mitigated will usually
have a much lower radon level than the EPA's action Ievel of 4
picocuries per liter. Addressing residential radon issues is an excellent
step toward assuring good indoor air quality. A list of licensed radon
mitigation contractors can be obtained from the state radon program by
going online to www.idph.state.ia.us/eh/radon.asp and then clicking
on the list of Iowa credentialed radon mitigation specialists by county.
A radon information packet can also be obtained by calling 1-800-383-
5992.
Additional Information:
Additional information about radon is available from the state radon
program at 800-383-5992, and EPA's Web site, www.epa.gov/radon
or the American Lung Association Web site at www.lungusa.org.
\-/EPA AMERICAN
United States LUNG
Environmental Protection ASSOCIATION
Agency
Licensed radon measurement specialists in Iowa can be found by
going online to www.idph.state.ia.usleh/radon.asp and searching the
lists of certified radon measurement specialists by county or by license
number. Additional radon information is available from the state
radon program at 800-383-5992, EPA's Web site www.epa.govlradon
and the American Lung Association Web site at www.lungusa.org.
6/2009
Iowa Department of Public Health
IDPH Promoting and Protecting the Health of Iowans
Io'WA WADO9V. HOME-
BVIIEW S
EACr%MEE7
LEAD POISONING
HOW TO PROTECT
IOWA FAMILIES
Iowa Department of Public Health
Lead Poisoning Prevention Program
TABLE OF CONTENTS
Federal Law: Lead -based Paint 1
Lead Poisoning 4
Lead -based Paint and
Lead -based Paint Hazards 13
Checking Your Home for
Lead -based Paint Hazards 17
Protecting Your Family from
Lead -based Paint Hazards 28
Other Sources of Lead 35
More Information 40
Front and back cover artwork used with permission from
Myron Manufacturing, Maywood, New Jersey.
Adult lead pictures (pages 9, 12, 33, 38, and 39) provided
by the Childhood Lead Poisoning Prevention Branch of the
California Occupational Lead Poisoning Prevention Program.
This publication was supported by grants from
the Environmental Protection Agency (EPA) and
the Centers for Disease Control and Prevention (CDC).
Its contents are the sole responsibility of the authors
and do not represent the official views of the EPA or CDC.
FEDERAL LAW:
LEAD -BASED PAINT
Are You Planning to Buy, Rent, Remodel,
or Repaint a Home Built Before 1978?
Many homes
built before 1978
have lead -based
paint in them.
Lead -based paint,
chips, and dust can
pose serious health
hazards.
Federal Laws Regarding Landlords,
Home Sellers, and Renovators
Federal law requires landlords and sellers to give
tenants and home buyers information on lead.
THE HOME INSPECTOR
Landlords must tell tenants about
known lead -based paint and lead -based
paint hazards before leases are signed.
In the case of verbal leases, landlords
must do this before tenants agree to a
verbal lease.
Leases must include a disclosure form
about lead -based paint unless a certified
inspector has checked the property and
said in writing that it is lead -based
paint free.
Sellers must tell buyers in writing about
lead -based paint and lead -based paint
hazards before entering into a sales
contract.
Sales contracts must include a
disclosure form about lead -based
paint in the building. (A blank form is
in the middle of this booklet.)
Sellers must offer buyers 10 days to
check for lead hazards.
Renovators must give homeowners and
occupants this pamphlet and a form before
they start work. Landlords and property
managers who perform renovations must
also give this pamphlet and a form to tenants
before they start work. (Blank forms are in
the middle of this booklet.)
If you want more information
about these requirements, call:
Iowa Department of Public Health
at 1-800-972-2026.
Your local city or county
health or housing agency.
The National Lead
Information Clearinghouse
at 1-800-424-LEAD.
LEAD POISONING
Lead poisoning occurs when a person has
too much lead in his or her body.
Children are much
more sensitive to lead
than adults. Children
are lead -poisoned at
10 jig/dL or higher.
A blood lead test tells the amount of
lead in a person's body.
Adults should keep their blood lead
levels less than 25 micrograms per
deciliter (µg/dL).
Pregnant women should keep their
lead levels less than 10 µgldL to protect
their unborn children. Women who
plan to have children should also keep
their levels less than 10 µg/dL.
3
How Do Children Become
Lead -Poisoned?
When a child in Iowa is lead -poisoned, paint in poor condition
is usually the source. Children can be lead -poisoned if they:
❑ Put dusty or dirty hands,
toys, bottles, or pacifiers
in their mouths.
Household dust in older homes
often contains lead from old
paint. This dust gets on
children's hands, toys,
bottles, and pacifiers.
❑ Put lead -based paint
chips in their mouths.
❑ Chew on surfaces
painted with
lead -based paint.
Children who are teething
may chew on window sills
and stair railings.
❑ Play in dirt or a sandbox near an
old building or where an old
building was torn down.
This soil could be contaminated with
lead -based paint chips or dust.
Children may put the dirt or sand
in their mouths. Or, the dirt or sand may
stick to their hands and toys that they put in their mouths.
❑ Breathe in dust from lead -based paint
that is being scraped, sanded, or
removed with a heat gun.
Children and pregnant
women should leave the
area before the work
begins and not return
until the work area has
been completely cleaned.
❑ Play in or near windows and other areas
where there are paint chips.
These paint chips can
be ground into small
pieces and dust that
stick to children's
hands and toys.
Children often put
their hands and toys
in their mouths.
Children like to look
out of open windows
and play at window
sills.
In Iowa, lead -based paint
chips found between the
inside window sash and
the screen/storm window
cause many cases of
childhood lead poisoning.
Most Iowa homes
built before 1960
have peeling or
chipping lead -based
paint in this area.
What Are the Signs of Lead
Poisoning in Children?
Most lead poisoned children do not
show any signs of the disease.
Some, however, may have the following symptoms:
❑ Easily excited.
❑ Not able to pay attention.
❑ Stomach aches.
❑ More tired than usual.
Lead -poisoned children may have learning
and behavior problems as they grow older.
Children with very high lead levels may
develop seizures, become unconscious, or even die.
Lead is more dangerous to children than to
adults because:
❑ Children absorb more lead than adults.
❑ Children are more likely to be damaged
by lead than adults.
How Do Adults Become Lead -Poisoned?
Adults are lead -poisoned by breathing lead fumes and lead dust.
They can also get lead dust on their hands, face and clothes.
Then, if they eat, smoke, or
apply cosmetics without
washing their hands and face,
they ingest lead dust.
Most Iowa adults become
lead -poisoned by working
with lead in their jobs.
Lead is found in lead battery production, welding, radiator repair,
metal cutting, and sandblasting.
Some adults have been lead -poisoned at home
by removing lead -based paint in or remodeling
an older home without following safety
guidelines (see page 32).
Some adults are lead -poisoned
by working with lead in
hobbies like molding bullets,
stripping furniture, or making
stained glass items.
Anything that produces lead dust or fumes
can cause lead poisoning
What Are the Signs of Lead Poisoning
in Adults?
Many lead poisoned adults do not have symptoms.
Some, however, may have the following symptoms:
❑ Trouble remembering and concentrating.
❑ Tire easily.
❑ Unable to sleep.
❑ Weakness or loss of feeling in arms
or legs.
❑ Headaches.
❑ Irritability.
❑ Depression.
❑ High blood pressure.
Adults are more likely to have these symptoms if their lead
levels are high for a long time.
Adults that have high blood lead levels for a long time may
also become anemic. Men may have a low sperm count.
Women may have trouble becoming pregnant.
10
Why Should Iowans Be Concerned
About Lead Poisoning?
❑ Lead poisoning affects
1 in 14 Iowa children.
❑ Iowa's rate of lead
poisoning is four times
the national average.
❑ Nearly 60 percent of the homes in
Iowa, both in rural and urban
areas, were built before 1960.
Almost all of these
pre-1960 homes contain
some lead -based paint.
Many also contain
lead -based paint hazards
that can harm children.
How Can You Find Out if You or
Your Children Are Lead -Poisoned'?
The only way to tell if a person is lead -poisoned
is to get a blood lead test.
All Iowa children under the age of 6 years
should be tested regularly for lead poisoning.
This test is required for children who are
enrolled in Medicaid.
Ask your health care provider to do a
blood lead test whenever your child
has a check-up.
Many children have normal blood lead
levels at 6-12 months of age. However,
these same children may become
lead -poisoned when they are older
and more active. So, it's important to
get their blood lead tested at least once
a year until they are 6 years old.
If you work with lead on the job, your
employer may be required to provide
blood lead testing. See the Iowa
Department of Public Health Guide for
Employees Who Work With Lead.
Your family doctor can also order a
blood lead test. If you have recently
remodeled or removed paint in an older
home, you should get a blood lead test.
11
12
LEAD -BASED PAINT AND
LEAD -BASED PAINT HAZARDS
The federal government banned the use of lead -based
paint in housing in 1978.
Any home built before 1978
can have lead -based paint in it.
This includes hornes in the city
and the country.
It also includes single-family homes,
apartments, private housing, and
publicly -owned housing.
In Iowa, most children who are lead poisoned
have lived in or visited homes built before 1960.
This is because pre-1960 homes
usually have more layers of
lead -based paint than newer
homes.
) 44
Also, paint that was used before
1960 usually contained more
lead than paint used after 1960.
Homes built before 1960 are
more likely to have peeling
and chipping paint.
These homes are also more likely to have had lead -based paint
disturbed during remodeling.
In Iowa homes, most interior and exterior
wood surfaces that were painted before 1960
have lead -based paint on them.
This includes windows, baseboards, doors, exterior siding,
and porches.
Some, although not all, interior walls
in pre-1960 homes were painted with
lead -based paint.
Kitchen and bathroom walls are the
most likely to have lead -based paint
on them.
Old garages, farm buildings,
and fences may also be
painted with lead -based paint.
Soil around older homes often has high levels of lead. This is
because lead -based paint from the exterior gets in the soil when
it peels and chips or when it is scraped.
In very large urban areas of
the United States, soil
sometimes contains high
levels of lead from past use
of leaded gas in cars.
In Iowa, most lead in the soil
around older homes comes
from lead -based paint.
13
14
When is Lead -Based Paint a Hazard?
Lead -based paint that is peeling, chipping, chalking, cracking,
or otherwise deteriorating is a hazard to small children.
Lead -based paint in
good condition may
be a hazard on:
J Surfaces children can
chew on (window sills,
stair railings,
porch railings).
❑ Surfaces where
paint is often
damaged by
hard impacts
(doors, door
frames, comers).
❑ Surfaces where paint is worn by being walked on such as
floors and stairs.
Lead dust may be on floors and other surfaces if you have
recently done any remodeling or repainting in your home.
Lead in soil is a hazard
when children play in
areas of bare soil next to
old buildings.
Areas of bare soil where
buildings have been
torn down are also a
hazard to children.
15
16
CHECKING YOUR HOME FOR
LEAD -BASED PAINT HAZARDS
In Iowa, if your child has a blood lead level of
20 micrograms per deciliter (µg/dL) or higher or
two blood lead levels of 15 to 19 µg/dL, then
your local health or housing agency or the state
health department will come to your home and
help you find lead hazards.
❑ Your local health or housing agency
may be able to check your home even if
your child is not lead -poisoned.
THE HOME INSPECTOR
❑ You can hire a certified inspector/risk
assessor. In Iowa, certified inspector/risk
assessors must check surfaces for lead,
tell homeowners if surfaces with lead -based
paint are a hazard, and recommend how to
address these hazards. Contact the Iowa
Department of Public Health at
1-800-972-2026 to get a list of certified
inspectors/risk assessors.
❑ Use the self-help checklist on pages 18 to 27 in this booklet to
decide if your home might have lead hazards. Do not use
home test kits.
If you are planning to purchase,
lease, or renovate a home built
before 1978, consider having the
home checked for lead -based paint
and lead -based paint hazards.
How Can You Decide
if Your Home is Lead Safe?
Your HOME is probably safe if:
❑ It was built after 1960.*
❑ It was built before 1960, but
has none of the hazards
described on pages 19 to 27
of this booklet.
❑ It has no older painted furniture or toys in it.
*Note: Some houses built between 1960 and 1978 may also contain lead -based
paint. However, the amount of lead in the paint is probably much lower than for
houses built before 1960.
Your PROPERTY is probably safe if:
❑ All buildings, fences, and other
structures are new or in good
condition with none of the hazards
described in this booklet.
❑ No older buildings have been torn
down on the property.
Children's play areas are not:
❑ Next to buildings with
peeling and chipping paint.
❑ In areas of bare soil.
17
18
Finding the Lead -based Paint Hazards
In and Around Your Home
You should assume that all of the paint, stain, or
other coatings in your home contain lead.
Look for paint, stain, or other coatings that are:
❑ Loose.
❑ Cracked or chipping.
❑ Peeling or flaking.
❑ Rubbing off.
❑ Deteriorating in any way.
These are HAZARDS that can cause lead poisoning.
-s 1
•
{
When paint chips off these surfaces, all layers of paint usually come
off together. This is a HAZARD that can cause lead poisoning
because the bottom layers of paint may contain lead — even if the
surface has been repainted with lead-free paint.
Paint that has an "alligator" cracking pattern or rubs off on your
hands (chalks) is usually lead -based paint. Cracked or chalking
paint is a HAZARD that can cause lead poisoning.
{
alp
'MO
Old varnish that looks cloudy may contain lead. Lead -based paint
was often mixed with varnish to give it a deeper, richer color. If
the finish is cracked or peeling, old varnish is a HAZARD that can
cause lead poisoning.
Use pages 21 to 27 to look for lead hazards
in your home. Mark the HAZARD box
when you find a problem.
19
20
Window Hazards
Many Iowa children are lead poisoned by windows!
You must open the window
to check the following:
Check the sides and
upper part of the window.
Check window sash.
Check area between interior
window and screen for paint
chips and dust.
Check the sill and window frame.
Look for:
Peeling
Chipping (impact)
Toys in window +• 9
Chew marks.
These are HAZARDS that can cause lead poisoning.
Window Check List:
Frame ❑ Safe ❑ HAZARD
Sash (front and back) ❑ Safe ❑ HAZARD
Sill ❑ Safe ❑ HAZARD
Area between windows:
Bottorn ❑ Safe 0 HAZARD Doors ❑ Safe ❑ HAZARD
Sides 0 Safe ❑ HAZARD Door frames ❑ Safe ❑ HAZARD
Top ❑ Safe ❑ HAZARD Baseboards ❑ Safe ❑ HAZARD
Upper inside parts ❑ Safe 0 HAZARD Wall corners ❑ Safe ❑ HAZARD
Signs of chewing ❑ Safe ❑ HAZARD Doorway thresholds ❑ Safe ❑ HAZARD
Woodwork, Wall, and Door Hazards
ct chipping
orn threshold
Check all surfaces for chipping and peeling paint.
Look for paint chips on the floor and in the carpet.
Look for impact chipping at comers of door frame,
baseboards, walls.
Look for rub or scrape marks on door edges.
These are HAZARDS that can cause lead poisoning.
Woodwork, Wall & Door Check List:
21
22
Stair Hazards
Railing
Stair treads
Baseboards
Children love to play or just sit on stairs.
Spindle
Edge
Newel post
Check all areas for chipping, peeling, etc. paint.
Look for chewing on spindles, railing, stair treads & edges.
Check risers, baseboards, and stair treads for impact chipping.
Look for worn areas on treads.
These are HAZARDS that can cause lead poisoning.
Stairs Check List:
Railing and spindles
Newel post
Stair treads and edges
Risers and baseboards
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
23
Riser
Basement Hazards
Check all surfaces for peeling and chipping paint. Look for impact
chipping and worn areas.
Check old furniture and toys in storage.
These are HAZARDS that can cause lead poisoning.
Basement Check List:
Basement stairwell
Upper floor joists & ceiling
Doors & door frames
Painted walls & floors
Discarded wood trim
Built-in cabinets, shelves, trim
Painted beams & support posts
Discarded furniture and toys
❑ Safe U HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
❑ Safe ❑ HAZARD
24
Porch Hazards
Children like to sit and play on porches. Children can get into
Iead-based paint chips and dust if the porch and house siding have
been painted with lead -based paint.
Check ALL the areas listed below for chipping or peeling paint.
Look for chewing on trim, steps, railings, and spindles.
Look for worn areas on painted floors.
These are HAZARDS that can cause lead poisoning.
Porch Check List:
Ceiling ❑ Safe ❑ HAZARD
Walls ❑ Safe ❑ HAZARD
Trine ❑ Safe ❑ HAZARD
Floors ❑ Safe ❑ HAZARD
Steps ❑ Safe ❑ HAZARD
Railings ❑ Safe ❑ HAZARD
Spindles ❑ Safe ❑ HAZARD
Exterior Hazards
Look for chipping and peeling paint on all surfaces. Be sure to
check all exterior window frames (including basement windows)
and overhangs.
Look for paint chips lying on the ground or sidewalk around all
buildings.
These are HAZARDS that can cause lead poisoning.
Exterior Building Checklist:
Siding
Window frames
Trim
Overhangs
Doors
Gutters
Soil & sidewalks
❑ Safe
❑ Safe
❑ Safe
❑ Safe
❑ Safe
❑ Safe
❑ Safe
❑ HAZARD
❑ HAZARD
❑ HAZARD
U HAZARD
U HAZARD
❑ HAZARD
❑ HAZARD
25
26
Outside Play Area Hazards
❑ Check all the places
where your children
play outside.
❑ Look closely for
chipping or peeling
paint on nearby
buildings.
❑ Look for paint chips
in the soil or on
sidewalks.
❑ Check for bare soil in
play areas. Any bare
soil near an old building
may contain lead -based
paint chips and dust
— even if the building has
been sided, repainted, or torn down.
These are HAZARDS that may cause lead poisoning.
Play Area Check List:
Gym set ❑ Safe ❑ HAZARD
Sand box ❑ Safe ❑ HAZARD
Swimming pool ❑ Safe ❑ HAZARD
Other areas ❑ Safe LI HAZARD
PROTECTING YOUR FAMILY FROM
LEAD -BASED PAINT HAZARDS
If you find hazards in your home:
❑ Do NOT Panic!!
❑ If you rent, tell your landlord about
the hazards that you find.
Do NOT sand, scrape, or remove
any paint, walls, windows, or plaster
until you know how to do it safely.
Call the Iowa Department of Public Health at 1-800-972-2026
to find out how to do this work safely.
❑ Have all children under the age of 6
years tested for lead poisoning.
❑ Supervise your children very carefully.
Keep them away from areas where
there is peeling and chipping paint.
LI Do not allow children to chew on
painted surfaces such as window
sills, stair rails, furniture, or toys.
❑ Do not allow children to put paint
chips or soil in their mouths.
27
28
❑ Weekly, clean floors, baseboards,
and window sills where small
children play. Wash woodwork
and painted surfaces with warm
water and a general all-purpose
cleaner.
Remember: Never mix ammonia
and bleach together since they
form a dangerous gas.
❑ Wash toys, pacifiers, and bottles that
children drop on the floor.
❑ Wash children's hands often,
especially before they eat.
❑ Pick up paint chips that you see
on the floor, inside windows,
or in other places where your
children play.
Put the paint chips in a garbage
bag and dispose of them in
the landfill with your
regular garbage.
❑ Do not let children play outside in
areas where there are paint chips
on the ground. Pick up as many
of the paint chips as you can.
Cover the soil in these areas by
seeding grass, laying sod, planting
some shrubs, or covering with mulch.
❑ Serve your child at least
3 meals a day.
A child with an empty stomach
absorbs more lead. Children who
have poor appetites, or who do not
eat regularly, have a higher risk of
becoming lead poisoned.
❑ Serve your child healthy snacks.
HEALTHY SNACKS
muffins
yogurt
broccoli
zucchini
celery sticks
apple slices
melon cubes
orange sections
carrot sticks
cottage cheese
cheese cubes
saltine crackers
graham crackers
dry oat cereal rings
❑ Serve your child foods that are high in Vitamin C.
Vitamin C helps the body absorb more iron.
VITAMIN C SOURCES
orange
orange juice
grapefruit
cantaloupe
strawberries
peppers (green, red, chili)
broccoli
tomato
potatoes
29
30
❑ Serve your child foods that are high in calcium and iron.
Iron helps stop the lead from being absorbed into the body.
IRON SOURCES
chicken
beef
fish
pork
greens
oatmeal
cornmeal
soybeans
brown rice
dried beans
prune juice
dried apricots
enriched bread
iron -fortified cereal
liver
kidney
turkey
oysters
raisins
lentils
spinach
broccoli
sardines
dried peas
dried peaches
oat or wheat bran
whole wheat bread
Calcium also helps prevent lead from being absorbed into the body.
CALCIUM SOURCES
milk
cheese
yogurt
pudding
ice cream
cottage
cheese
calcium -fortified orange juice
sardines with bones
salmon with bones
tofu (firm, fortified)
fortified soy milk
milk -based soup
mustard greens
collard greens
broccoli
greens
sesame seeds
How Can You Safely Reduce
Lead Hazards in Your Home?
Keeping your house very clean will help prevent lead poisoning in
your children. However, if there is much peeling and chipping paint
in your home, you should try to reduce or repair the lead hazards.
You do NOT need to remove all the lead -based paint
from your home to make it lead safe.
INTERIM CONTROLS
You can reduce lead hazards by repairing deteriorated paint surfaces
to keep them from peeling and chipping. This is called "interim
controls."
If you choose "interim controls, " you need to watch these surfaces
and keep them in good condition. If they start to peel and chip, they
will become hazards again.
You must be very careful when you repair these paint surfaces.
If you are not careful, you can make things worse by spreading
lead dust throughout your house.
ABATEMENT
You can permanently remove or "abate" lead hazards by
removing all of the lead -based paint from a surface or by
sealing or enclosing lead -based paint with special materials.
Painting over lead -based paint with
regular paint is not "abatement "
If you hire someone to "abate" lead hazards, this person must be a
certified lead abatement contractor in Iowa.
Certified contractors must hire trained workers and follow strict
safety rules to protect their workers and people who live in the
homes where they work.
Contact IDPH at 1-800-972-2026 to get current information
on certified lead abatement contractors.
How Can You Keep Your Family Safe During
Remodeling, Renovation, and Repainting?
If you are going to prepare for repainting, remove paint, or tear out
walls in an old home, you should do one of the following:
❑ Have the paint tested to see if it is lead -based paint.
❑ Assume that it is lead -based paint and take the
appropriate precautions.
Never dry scrape, dry sand, power sand, power wash, use a torch,
or use a high temperature heat gun to remove lead -based paint.
IDPH
(S00)
972-2026
Contact the Iowa Department of Public Health
(IDPH) at 1-800-972-2026 to find out how to do this
work safely. IDPH also has information about how
to find a contractor that will do the work safely.
33
34
OTHER SOURCES OF LEAD
A few Iowa children have been poisoned by other sources of lead.
❑ Food and liquids cooked in lead -glazed
pottery or stored in lead crystal or
lead -glazed pottery or porcelain.
❑ Lead in the soil around a battery plant or
battery recycling plant.
❑ Home remedies that contain lead such as
azarcon, greta, and pay-loo-ah.
❑ Candy that comes from Mexico or
southeast Asia.
LATIN
AMERICA
❑ Living in Mexico, Central America, South
America, or southeast Asia where there is
much more lead in the environment than there
is in the United States.
Although some Iowa children have been
lead -poisoned by these sources, the
major source is still lead -based paint
used in homes built before 1960.
Children who spend time in these homes
are at the highest risk for lead poisoning.
Lead P9
Is Lead in Water a Problem
for Your Family?
City and rural water departments must test
their water for lead. If the lead level is high,
they must send a notice to their customers.
If you get one of these notices, you may be
concerned.
However, lead in drinking water is not a
major source of lead for most children.
Lead in water may cause lead poisoning in babies
who drink formula made with water that has high
lead levels.
This usually happens when formula is made using tap water.
The water can pick up lead from pipes, solder, or faucets
when it sits in pipes overnight.
Therefore, tap water may have a high lead
level first thing in the morning.
Hot water dissolves more lead than cold
water. So, formula made with this hot
tap water can have very high lead
levels. Boiling does not take lead out of
the water. In fact, boiling the water so
long that part of the water boils away
increases the concentration of lead in
the remaining water.
35
36
3. If your doctor recommends boiling
the water before making formula,
do not boil the water longer
than two minutes.
P,I
reter.
Lead in water comes mainly from inside your home.
It can be in lead pipe, lead solder, or faucets with brass parts.
Do not replace faucets or plumbing just
because your water has a high lead level.
New faucets may put more lead into your water.
Replacing old lead solder with new lead-free solder may also put
more lead into your water. If you replace solder, be sure to get
all the old solder out of the pipes.
If you use tap water to make baby formula, do the following
to keep your baby safe:
1. Let the cold water run for at least 30 seconds before
using it to make formula.
2. Do NOT use hot tap water to
make formula. Always use
ra
cold water and warm it to the - ��� ,
right temperature.
'Co &
If you would like to test your water for
lead, contact the:
University Hygienic Laboratory
515-725-1600
This test will cost $20-$25.
Is Working with Lead a Problem
for Your Family?
If you work with lead in your job or hobby,
you can poison your children by bringing lead home.
Some employers are required to ensure that workers do the
following to protect their families from lead:
❑ Change into work clothes and
shoes after getting to work.
❑ Put street clothes and shoes in a
clean locker or clean plastic bag.
❑ Remove work clothes and shoes
before going home.
❑ Shower before putting on street
clothes and shoes.
37
38
Some employers are not required to provide a shower and
changing room. If your employer does not provide these things
or if you work with lead in a hobby, try to do these things:
D Make a special changing area
at home. This could be in the
garage or the basement.
Change in this area and
shower before touching
anyone or anything in
the house.
❑ Remove work clothes before
leaving the changing area.
❑ Keep all work clothes away
from children.
If you need to wash work clothes, do the following:
❑ Take work clothes home
in a plastic bag and wet the
clothes before removing
them from the bag.
Throw away the bag used to
carry the work clothes home.
LI Wash work clothes separately
from any other clothes.
MORE INFORMATION
Iowa
National
Iowa Department of Public Health
1-800-972-2026 or
1-515-281-3479
Call for current information about lead
in Iowa and copies of this brochure.
Hearing impaired, call TDD 1-800-735-2942
Fax: 515-281-4529
Your local city or county lead program,
health department, or housing agency.
(Some cities and counties have their own
rules on lead -based paint activities.)
The National Lead Information Center
1-800-LEAD-FYI
Call to learn how to protect children from
lead poisoning.
The National Lead Information Center
Clearinghouse
1-800-424-LEAD
Call for other information on lead hazards.
Hearing impaired, call TDD 1-800-526-5456
Fax: 301-585-7976
Internet: www.epa.gov/leadlnlic.htm
Regional
EPA's Safe Drinking Water Hotline
1-800-426-4791
Ca11 for information about lead in
drinking water.
Consumer Product Safety Commission
(CPSC) Hotline
To request information on lead in consumer
products or to report an unsafe consumer
product or a product -related injury, call
1-800-638-2772. (Internet: info@cpsc.gov)
Hearing impaired, call TDD 1-800-638-8270.
EPA Regional Office
Your Regional EPA Office can provide
further information regarding regulations
and lead protection programs.
Region 7
(Iowa, Kansas, Missouri, and Nebraska)
901 North 5th Street
Kansas City, KS 66101
(913) 551-7020
CPSC Regional Office
Central Regional Center
230 South Dearborn Street
Room 2944
Chicago, IL 60604-1601
(312) 353-8260
r
Iowa Department of Public Health
Promoting and protecting the health of Iowans
Iowa Department of Public Health
Lead Poisoning Prevention Program
Lucas State Office Building
Des Moines, Iowa 50319-0075
(800) 972-2026
41
EEO, AND PROPERTYCQVINM4ITS
OR RESTRUCTri DNS OF RECORD
During the history of our country, some persons have
placed restrictions on property based on race, color, reli-
gion, sex, handicap, familial status, or national origin.
Generally, these restrictions are void and unenforceable,
with limited exceptions for particular types of religious
housing and qualified housing for older persons.The pub-
lication of these void restrictions may convey a message
that the restrictions continue to be valid.Any time a sales
associate or broker is asked to provide a copy of the
covenants or restrictions of record relating to the use of
a property the following message should be included:
These documents may contain restrictions or covenants
based on race, color, religion, sex, handicap, familial status, or
national origin. Such restrictions or covenants generally are
void and unenforceable as violations of fair housing taws.
Be assured that all property is marketed and made available
without discrimination based on race, color, religion sex, handi-
cap, Familial status, or national origin. Should you have any ques-
tions regarding such restrictions, please contact your attorney.
THE EQUAL OPPORTUNR"II"' ' PROGRAM
The NATIONAL ASSOCIATION OF REALTORS° has
developed a Fair Housing Program to provide resoulres
and guidance to REALTORS° in ensuring equal profes-
sional services for ail people.
The Code of Ethics
Article 10 of the NATIONAL ASSOCIATION OF
REALTORS° Code of Ethics regquires that "REALTORS°
shall not deny equal professional services to any person
forreasons of race, colon religion, sex, handicap, familial
status, national origin, or sexual orientation. REALTORS°
shall not be a party to any plan or agreement to discrim-
inate against a person or persons on the basis of race,
color, religion, sex. handicap, familial status, national origin,
or sexual orientation. REALTORS°, in their real estate
employment practices, shall not discriminate against any
person.. or persons on the basis of race, color, religion,
sex, handicap, familial status, national origin, or sexual
orientation:'
A REALTOR° pledges to conduct business in keeping with
the spirit and letter of the Code of Ethics. Article 10 impos-
es obligations upon REALTORS° and is also a firm statement
of support for equal opportunity in housing.
FURTHER ASSISTANCE
Local Boards of REALTORS° will accept complaints alleging
violations of the Code of Ethics filed by a home seeker
who alleges discriminatory treatment by a REALTOR° in the
availability, purchase or rental of housing. Local Boards
of REALTORS° have a responsibility to enforce the Code
of Ethics through professional standards procedures and
corrective action in cases where a violation of the Code
of Ethics is proven to have occurred.
Complaints alleging discrimination in housing may be
-hied with the nearest office of the Department of Housing
and Urban Development (HUD), or by calling HUD's
Discrimination (Hotline at 1-800-669 9777, I -800 92i 9Z,75
(1DD). For information and publications on fair housing,
call HUD's Customer Service Center at I-800 767-7468.
Contact HUD on the Internet at http;lfwww.hud,govl and
select the Fair Housing section.
2012 NATIONALASSOCIA1ION OF REAI.TORS
All rights roservnd.
Item a 166.799
(9FC 00/12)
43ANorth Michigan Avenree Chicago, IL 60611-4087
800.87 6500 ruwtali6',rti L7VRog
NATIONAL
ASSOCIATION of
REALTORS'
EtCALtore
What Everyone Should Know About
Equaliy
,e ti" Y:
o sin
NATIONAL
ASSOCIATION of
REALTORS°
rc
What Everyone Should
Know About Equal
pportunfty In °using
The sale or.purchase of a home is one of the most signifi-
cant events that people will experience in their lifetimes.
It is more than the simple purchase of housing, for it
includes the hopes, dreams, aspirations, and economic
destiny of those involved.
THE LAW
CM! Rights Act of 1866
The Civil RightsAct of 1866 prohibits all racial discrimination
in the safe or rental of property.
Fair Housing
The Fair Housing Act declares a national policy of fair hous-
ing throughout the United States. The law makes
illegal any discrimination in the sale, lease or rental of
housing, or making housing otherwise unavailable, because
of race, color, religion, sex, handicap, familial status, or
s national origin.
ru f r5li 14,81 l9 vV1L11 LJI:MLl1I Lit* rkla.
Title 111 of the Americans with Disabilities Act prohibits dis-
crimination against persons with disabilities in places of public
accommodation and commercial facilities.
Equal Credit Opportunity Act
The Equal Credit Opportunity Act makes discrimination un-
lawful with respect to any aspect of a credit application on
the basis of race, color religion, national origin, sex, marital
status, age or because all or part of the applicants income
derives from any public assistance program.
State and Local Laws
State and local laws often provide broader coverage and
prohibit discrimination based on additional classes not cov-
ered by federal law. •
Wyk E R1 SP >NSlilr�jU.li6"llr
The home seller, the home seeker, and the real estate pro-
fessional all have rights and responsibilities under the law.
For the Horne Seller
You should know that as a home seller or landlord you have
a responsibility and a requirement under the law not to dis-
criminate in the safe, rental and financing of property on the
basis of race, color; religion, sex, handicap, familial status, or
national origin,You may not instruct the licensed broker or
salesperson acting as your agent to convey for you any
limitations in the sale or rental, because the real estate pro-
fessional is also bound by law not to discriminate, Under the
law, a seller or landlord cannot
(I) establish discriminatory terms or conditions in the
purchase or rental of housing;
(2) advertise a preference for certain buyers or tenants
because of their race, color; religion, sex, handicap, familial
status, or national origin; or
(3) misrepresent that housing is unavallable to persons who
are members of these protected classes.
1 WE UEG E ELJE;Ili .JWGi��iE
You have the right to expect that housing will be available
to you without discrimination or other limitations baa zed
on race, color; religion, sex, handicap, familial status, or
national origin.
This includes the right to expect
l- housing in your price range made available to you
without discrimination
equal professional service
the opportunity to consider a broad range of
housing choices
no discriminatory limitations on communities
or locations of housing
no discrimination in the financing, appraising or
insuring of housing
ft reasonable accommodations in rules, practices and
procedures for persons with disabilities
non-discriminatory terms and conditions for the
sale, rental, financing, or insuring of a dwelling
to be he from harassment or intimidation for
exercising your fair housing rights
For the Real Estate Professional
As a home seller or home seeker; you should know that
the term REALTOR° identifies a licensed professional in
real estate who is a member of the NATIONAL ASSO-
CIATION OF REALTORS°. Not all licensed real estate
brokers and salespersons are members of the National
Association, and only those who are can identify them-
selves as REALTORS°. They conduct their business and
activities in accordance with a strict Code of Ethics. As
agents in a real estate transaction, licensed brokers
or salespersons are prohibited by law from discriminating
on the basis of race, color, religion, sex, handicap,
familial status, or national origin.A request from the home
seller or landlord to act in a discriminatory manner in the
sale, lease or rental cannot legally be fulfilled by the real
estate professional.
q;
TITLE GUARANTY FREQUENTLY ASKED QUESTIONS
What does a Title Guaranty
Certificate cover?
Lenders are covered for: Valid,
enforceable mortgage; loss due to other
prior liens; mechanic's liens; fraud or forgery;
mistakes in abstracting or title examination; errors
in public records and lack of access.
A
Owners are covered for: valid title, title
defects that may impact their title, unmarket-
able title, fraud, forgery, mistakes in abstracting
or title examination; errors in public records and
lack of access. Owners may also be covered for
mechanic's liens at an additional cost.
A
If the lender requires coverage, why
would the borrower also need it?
Lender's coverage is exactly that --
coverage for the lender. It does not cover
buyers. Typically, a lender's claim arises when a
property is foreclosed on and the lender sustains a
loss due to a title issue. The same issue may exist
for a buyer, but if the property does not go into
foreclosure, it may not show up until the buyer is
ready to refinance or sell the property. That's when
owner's coverage is a helpful tool to the buyer.
Does the coverage need to be renewed
each year?
No. This is a one-time premium that covers
lenders as long as the mortgage is in effect,
and covers buyers for as long as they or their heirs
have any interest in the property.
1 am refinancing my home. If the lender
s uses Title Guaranty for Coverage, can 1
get free Owners Coverage?
A
A
No. Owners coverage is only available
at the time of purchase; however, if you
chose Owners Coverage at that time, it will con-
tinue in force even though you have refinanced.
Owner's Coverage is good as long as you have
any interest in the title to the property.
201'5.Grand'Avenue
Des Moines, IA 50312
515.725.4900 • 800.432.7230
www.iowaTitleGuaranty.gov
In partnership with the Iowa State Bar Association
and lowa land Title Association.
WHAT'S IN IT FOR E?
Buying a home is exciting. By using Title
Guaranty, you can rest easy knowing that
your home ownership investment is protected.
If a title issue arises, Title Guaranty will be
there to step in and assume attorneys' fees,
costs, and expenses associated with defend-
ing the title to your home. After all, it's not just
what's inside your home that is important.
WHAT IS TITLE GUARANTY?
As Iowa's provider of title coverage for lenders
and buyers, Title Guaranty operates as a title
assurance underwriter and maintains reserves
in order to pay claims. Title Guaranty, a
division of the Iowa Finance Authority, is
completely self -funded, and helps to support
the Iowa housing industry by transferring all
excess revenue to lowa housing programs.
HOW DOES THE IOWA
SYSTEM WORK?
Title Guaranty uses a process designed to
uncover title problems before you have a
financial interest in the property. In Iowa, an
abstract of title is prepared or updated prior
to closing. The abstract identifies all recorded
documents for a particular property, including
easements, deeds, mortgages and liens
against previous title holders. Then, an Iowa
attorney reviews the abstract and issues a
written title opinion or a Title Guaranty Commit-
ment. The Commitment summarizes the status
of the title and identifies the current owner and
any title issues that should be resolved prior to
closing. Once any title issues are resolved, the
transaction may be closed and the buyer takes
title to the property. By using Title Guaranty,
you can be assured that a real estate attorney
has reviewed the title to your home. Correcting
deficiencies before closing reduces the chance
of having problems later on.
WHAT COULD GO WRONG?
While title defects are not common in Iowa,
they do occur. What can impact title? Some of
the more frequent issues include:
Divorce and child support judgments
Judgments against a previous owner
• Unreleased, but paid off mortgages
Ei Unrecorded legal documents
13 Fraud
rg Forgery
El Mistakes in public records
® Mistakes in researching public records
a Lack of a right of access
Again, these issues are not common, but if
any of them should arise, Title Guaranty will
become your legal defense and work with you
to ensure a smooth and timely solution to the
problem.
HOW MUCH DOES OWNER'S
COVERAGE COST?
In many cases, this coverage is free to home
buyers! If the buyer's lender has requested
Title Guaranty Lender's Coverage on a home
valued at $500,000 or less, and the buyer
intends to occupy the home as their primary
residence, Owner's Coverage is free. Even if
these criteria do not apply, Owner's Coverage
is still available, often for only $1 10. This one-
time premium protects the home buyer and
their heirs for as long as they have any interest
in the property.
Buying a home? If your lender uses Title
Guaranty Lender's Coverage, you may
qualify for FREE Owner's Coverage. If the
purchase price is less than $500,000 and
the home will be your primary residence,
your coverage is free. Just check the box on
the Composite Mortgage Affidavit at closing.
Title issues don't happen often, but if an
issue arises, you'll be glad you're covered.
Check
Only in Iowa —
only with Title Guaranty.
YES to receive coverage