Iowa § 306.38 Rental of acquired property pending use

Iowa Statutes

§ 306.38 — Rental of acquired property pending use

Iowa § 306.38

Title VIIITRANSPORTATION

Ch. 306ESTABLISHMENT, ALTERATION, AND VACATION OF HIGHWAYS

This text of Iowa § 306.38 (Rental of acquired property pending use) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Iowa Code § 306.38 (2026).

Text

In the event that land acquired for improvement of any highway is not immediately needed
for such improvement, the agency in control of said highway may rent such land or buildings
thereon to responsible persons for a cash rental consistent with the fair market value of
similar property. The said agency may employ a local real estate firm for management and
collection of rentals or may do so directly through its own personnel. The commission or
service charge of such real estate company shall be paid out of such rentals.

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In the event that land acquired for improvement of any highway is not immediately needed
for such improvement, the agency in control of said highway may rent such land or buildings
thereon to responsible persons for a cash rental consistent with the fair market value of
similar property. The said agency may employ a local real estate firm for management and
collection of rentals or may do so directly through its own personnel. The commission or
service charge of such real estate company shall be paid out of such rentals.