Lead-Based Paint Disclosure (Sales & Leases) — Iowa Edition Template

Federal law — Section 1018 of the Residential Lead-Based Paint Hazard Reduction Act of 1992, codified at 42 U.S.C. § 4852d, with implementing regulations at 24 C.F.R. Part 35 and 40 C.F.R. Part 745 — requires sellers and lessors of most housing built before 1978 to disclose known lead-based paint and lead-based paint hazards before the buyer or tenant is obligated under the contract. Noncompliance carries real teeth: civil penalties, potential treble damages to injured purchasers, and joint enforcement by EPA and HUD. Agents have independent duties under the rule to ensure compliance.

This template package covers both the sales and lease versions of the disclosure. It includes the seller's/lessor's disclosure of known lead-based paint and hazards (or affirmation of no knowledge), the records and reports acknowledgment, the buyer's acknowledgment of receipt of the EPA "Protect Your Family From Lead in Your Home" pamphlet, the buyer's 10-day risk assessment/inspection opportunity (which may be waived in writing in sales transactions), and the agent's acknowledgment of compliance duties — all with the certification-of-accuracy signature block the regulation requires each party to execute.

The 4-page package also includes a one-page compliance checklist for agents: which transactions are covered (pre-1978 "target housing"), the exemptions (0-bedroom dwellings, housing for the elderly, foreclosure sales, short-term leases of 100 days or less, and others), timing requirements, and the record-retention rule (keep executed disclosures for at least 3 years). Because this is a federal requirement the core language is uniform nationwide, but the included notes flag states that layer additional lead disclosure or inspection requirements on top of the federal floor.

About this Iowa Edition: Every template was redrafted around Iowa's real estate license law, Iowa Code chapter 543B, and the Iowa Real Estate Commission's rules in 193E IAC, which require written brokerage agreements with definite expiration dates, a written agency disclosure before any brokerage agreement or offer, and the informed written consent of all parties before a brokerage may act as a dual agent or through appointed (designated) agency — so the consent form in this set is a true Iowa dual agency / appointed agency election rather than a transaction-brokerage substitute. The seller disclosure form is structured to Iowa Code chapter 558A (delivery before the buyer's written offer) and adds the Iowa-specific items practitioners expect: radon, the time-of-transfer septic inspection under Iowa Code chapter 455B, and the groundwater hazard statement categories. Throughout, the forms reference the Iowa statute of frauds (Iowa Code § 622.32), the Iowa Uniform Electronic Transactions Act (Iowa Code chapter 554D), homestead spousal joinder (Iowa Code § 561.13), the commercial broker lien act (Iowa Code chapter 570A), Iowa's abstract-and-Title-Guaranty title practice, and the rule that all compensation flows through the licensed brokerage.