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Either the landlord or the tenant must give the other at least 30 days notice in writing before ending the tenancy. The notice must be given at least 30 days before the next time rent is due. If the rent is due on the first day of the month, the tenancy can only be ended on the first day of the month.
An Iowa rent-to-own lease agreement is between a landlord that allows a tenant to rent a property with an option to purchase. The landlord will usually require the same screening process as a standard lease. Except, the landlord may give attentional scrutiny to the tenant's credit and income due to the purchase option.
An Iowa month-to-month lease agreement has no end date that allows a landlord to rent to a tenant with the option to terminate the lease, at any time, with 30 days' notice. All other parts of the agreement are the same as a standard form.
In Iowa, a lease that goes from month to month may be ended by either party. This would be done when one gives the other a thirty day written notice. In Iowa, no specific reason is required to end the lease that runs from month to month.
562.6 Agreement for termination. If a written agreement is made fixing the time of the termination of a tenancy, the tenancy shall terminate at the time agreed upon, without notice.
Active Military Duty. Military duty allows a tenant to break a lease early in Iowa, without penalty. ... Early Termination Clause. ... Domestic or Sexual Violence. ... Uninhabitable Living Conditions. ... Tenant Death. ... Unenforceable or Voidable Lease. ... Landlord Harassment or Privacy Violation. ... Mental or Physical Disability.
Here's a list of common fields that should be covered in your lease agreement: Basic information about all tenants. Include the full name and contact information of each tenant. ... Description of rental property. ... Security deposit. ... Monthly rent amount. ... Utilities. ... Lease term. ... Policies. ... Late fees.
So you may not have to pay much, if any additional rent, if you break your lease. You need pay only the amount of rent the landlord loses because you moved out early. This is because Iowa requires landlords to take reasonable steps to keep their losses to a minimum?or to "mitigate damages" in legal terms.