Iowa Lease Option Agreement Covering A Large Area

State:
Multi-State
Control #:
US-OG-683
Format:
Word; 
Rich Text
Instant download

Description

The Parties desire to enter into this Agreement to provide for the exploration, development, and production or oil and gas and certain other substances from lands in which Owner claims, or may own, an interest.
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  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area
  • Preview Lease Option Agreement Covering A Large Area

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FAQ

Iowa has a unique method in determining late fees: if the monthly rent is less than $700, then the late fee shall be $12 per day, capping at a maximum fee of $60 per month; if the monthly rent is more than $700, then the late fee shall be $20 per day, capping at a maximum fee of $100 per month.

Thirty-day notice to quit: You will receive this notice if you have a month-to-month lease or rental agreement that your landlord wants to end. Under this notice, you will have 30 days to move out of the rental unit (see Iowa Code Ann. § 562A. 34).

Landlords may not set a limit on how many persons can occupy a unit which is more restrictive than the above standards, such as a limit of four persons in a three-bedroom apartment. Landlords may not limit a one bedroom apartment to one person, if the sleeping room is of average size.

A roommate must be a named party on the lease to have the protections provided in the lease and under Iowa Code. In reviewing the lease, the lease may expressly provide against any person living in the household without the express written permission of the landlord.

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.

What Are Tenants' Rights and Responsibilities in Iowa? An Iowa tenant has the legal right to request a habitable unit to live in, make a written notice for repairs, and have due process before an eviction. If the landlord fails to comply with these terms, the tenant can seek legal help.

Landlords must return the deposit within 30 days of the tenant moving out. Raising Rent ? Landlords in Iowa may increase the rent to any amount with a 30-day notice. Notice of Entry ? Landlords must give their tenants a 24-hour notice before entering the unit unless it is an emergency, then no notice is required.

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Iowa Lease Option Agreement Covering A Large Area