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In the state of Iowa, a rental application is a document that a landlord will use to find the best possible tenant. This document is essential to collecting all applicants’ information in a clear and concise form to protect both the landlord and prospective tenants.
For the landlord, this document protects him or her from renting an apartment to someone who cannot afford to pay rent or has a history of late payments and evictions. For the tenant, this ensures that they are treated fairly and that their information is collected in a fair and uniform fashion. Furthermore, rental applications must adhere to federal fair housing laws.
There are also fees associated with rental applications. Tenants should expect to pay between $25 to $75 per application.
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The Iowa rental application allows landlords to verify a prospective tenant's background information and credit history before signing a lease agreement. In Iowa, there is no maximum for an application fee; the landlord may ask for any amount to recoup the costs associated with the application.
Landlords in Iowa are restricted to asking a maximum of two (2) months' rent for a security deposit.
The rental application should include the following sections:
U.S. Department of Housing and Urban Development
Iowa’s laws on security deposit dictate that a landlord may not demand more than the equivalent of two months’ rent. Furthermore, a landlord must return the security deposit to a tenant no more than 30 days after the lease has been terminated (§ 562A.12 of the Iowa Code).
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