Iowa Month-to-Month Lease Agreement
An Iowa month-to-month lease agreement governs the terms, conditions, and responsibilities of a landlord and tenant. Month-to-month leases work differently than their fixed-term counterparts. Month-to-month leases don’t have a termination date but rather renew automatically each month. The lease continues under the same terms until either party gives notice to terminate the agreement.
Legal Aspects of Month-to-Month Leases in Iowa
Entering into any contract can be daunting. With month-to-month leases, this is even more complex as each state governs its own laws and regulations. This can make it confusing to always know your rights as a tenant or landlord. Iowa is considered a landlord-friendly state due to the lack of rent control policies and simple notice requirements. To make sure that you understand your rights, join us as we explore the legal aspects of month-to-month leases in Iowa.
Lease Termination & Renewal
- To terminate a month-to-month lease, either party needs to give a 30-day written notice.
- The written notice must be delivered by hand or mailed with a signed delivery receipt.
- In general, either party can terminate the agreement for any reason by giving the appropriate notice; the only unlawful termination is landlord retaliation.
Rent Increases
- In Iowa, Landlords can raise the rent at any time by providing a 30-day written notice.
- They don’t need to provide any justification for the increase.
- The landlord can raise the rent as much as they feel is fair, as there are no rent-control regulations in the state.
Security Deposit
- Landlords in Iowa are allowed to request a security deposit on month-to-month leases.
- The security deposit cannot legally be higher than the equivalent of two month’s rent.
- Landlords can withhold the deposit for unpaid rent, utilities, and any damages unrelated to normal wear and tear.
- The landlord must return the deposit, less any balance, within 30 days of the tenant vacating the property.
- The tenant must provide the landlord with a forwarding address to receive the deposit.
- When returning the balance, the landlord will need to give the tenant an itemized list of any repairs or usage of the deposit.
- The landlord isn’t required to keep the security deposit in an interest-bearing account. If they do decide to do this, any interest earned becomes the landlord’s property, and they don’t have to return it to the tenant.
Tenant Rights
- Tenants have the right to live in a safe, habitable property.
- Tenants have the right to repairs made in a timely manner.
- Tenants have the right to receive written notice in the case of termination or eviction.
Required Disclosures
An Iowa month-to-month lease agreement has several legal disclosures that must appear on the contract. These disclosures are:
- Lead-based paint disclosure
- Landlord’s name and address
- Shared utility disclosure
- CERCLA (Superfund) disclosure