Senate File 2246 - Enrolled PAG LIN 1 1 SENATE FILE 2246 1 2 1 3 AN ACT 1 4 RELATING TO REQUIRED DISCLOSURES IN REAL ESTATE TRANSACTIONS. 1 5 1 6 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA: 1 7 1 8 Section 1. Section 558A.4, subsection 1, Code 2007, is 1 9 amended to read as follows: 1 10 1. The disclosure statement shall include information 1 11 relating to the condition and important characteristics of the 1 12 property and structures located on the property, including 1 13 significant defects in the structural integrity of the 1 14 structure, as provided in rules which shall be adopted by the 1 15 real estate commission pursuant to section 543B.9.The 1 16 disclosure statement shall also include whether the property 1 17 is located in a real estate improvement district and the 1 18 amount of any special assessment against the property under 1 19 chapter 358C.The rules may require the disclosure to include 1 20 information relating to the property's zoning classification; 1 21 the condition of plumbing, heating, or electrical systems; or 1 22 the presence of pests. 1 23 Sec. 2. Section 358C.24, Code 2007, is repealed. 1 24 1 25 1 26 1 27 JOHN P. KIBBIE 1 28 President of the Senate 1 29 1 30 1 31 1 32 PATRICK J. MURPHY 1 33 Speaker of the House 1 34 1 35 I hereby certify that this bill originated in the Senate and 2 1 is known as Senate File 2246, Eighty=second General Assembly. 2 2 2 3 2 4 2 5 MICHAEL E. MARSHALL 2 6 Secretary of the Senate 2 7 Approved , 2008 2 8 2 9 2 10 2 11 CHESTER J. CULVER 2 12 Governor