An Iowa standard residential lease agreement allows a landlord to rent their property to a paying tenant who shall occupy the space for housing purposes within the span of the leasing term, usually one (1) year. Each party is ensured security when signing and executing a written lease in case any issues or disputes arise during the tenancy. Prior to entering such a formal contract, both parties must comprehend their roles and the terms they would be accepting. Landlords often vet potential renters to determine whether that individual is financially responsible. Through financial and criminal background checks, the landlord may elect the best candidate who meets the desired standards and qualifications.
Handbook – Legislative Guide to Landlord-Tenant Law
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