Iowa Admin. Code r. 561-9.1 - Authority, purpose and application
(1)
Authority. Pursuant to Iowa Code section 558.69, the
department is required to adopt rules pertaining to a statement to be submitted
to the recorder when recording instruments transferring real property regarding
the existence and location of wells, disposal sites, underground storage tanks,
and hazardous wastes on the property.
(2)
Purpose. The purpose of
these rules is to provide the necessary forms, instructions, and explanation of
this requirement. It is the purpose of the statute to give notice to the
transferee of real property of the condition of the wells, disposal sites,
underground storage tanks, hazardous waste disposal, and private burial sites
existing on the real estate.
(3)
Applicability. These rules shall apply to all persons,
corporations, and other legal entities who are transferors or transferees of
real property within the state of Iowa as well as all county recorders who are
called upon to record instruments transferring real property in Iowa.
(4)
When groundwater hazard statement
is required. A groundwater hazard statement shall be presented to the
county recorder along with the real estate transaction documents only when
required by Iowa Code section 558.69 or when otherwise required by Iowa
law.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.