State Laws
Maximum Application Fee: No limits.
Security Deposits (§ 562A.12): Landlords cannot charge more than two (2) months’ rent. After the lease has ended and the tenant has vacated the property, the landlord has thirty (30) days to return the full value of the security deposit (or whatever remains). According to Iowa law, landlords can only make deductions from the deposit for the following reasons:
- To amend a tenant’s default (due to rent or other lease-related expenses).
- To return the unit to the condition it was in at the beginning of the lease.*
- To make up for expenses that resulted from the tenant not giving up possession of the unit (and not acting in correspondence with the signed agreement).
* Does not include normal wear and tear.