Iowa § 441.72 Assessment of platted lots

Iowa Statutes

§ 441.72 — Assessment of platted lots

Iowa § 441.72

Title XFINANCIAL RESOURCES

Ch. 441ASSESSMENT AND VALUATION OF PROPERTY

This text of Iowa § 441.72 (Assessment of platted lots) 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 § 441.72 (2026).

Text

1.Except as provided in subsection 2, when a subdivision plat is recorded pursuant to chapter 354, the individual lots within the subdivision plat shall not be assessed in excess of the total assessment of the land as acreage or unimproved property for five years after the recording of the plat or until the lot is actually improved with permanent construction, whichever occurs first. When an individual lot has been improved with permanent construction, the lot shall be assessed for taxation purposes as provided in chapter 428 and this chapter.

2.For subdivision plats recorded pursuant to chapter 354 on or after January 1, 2004, but before January 1, 2011, the individual lots within the subdivision plat shall not be assessed in excess of the total assessment of the land as acreage or unim

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1. Except as provided in subsection 2, when a subdivision plat is recorded pursuant to
chapter 354, the individual lots within the subdivision plat shall not be assessed in excess
of the total assessment of the land as acreage or unimproved property for five years after
the recording of the plat or until the lot is actually improved with permanent construction,
whichever occurs first. When an individual lot has been improved with permanent
construction, the lot shall be assessed for taxation purposes as provided in chapter 428 and
this chapter.
2. For subdivision plats recorded pursuant to chapter 354 on or after January 1, 2004,
but before January 1, 2011, the individual lots within the subdivision plat shall not be
assessed in excess of the total assessment of the land as acreage or unimproved property
for eight years after the recording of the plat or until the lot is actually improved with
permanent construction, whichever occurs first. When an individual lot has been improved
with permanent construction, the lot shall be assessed for taxation purposes as provided in
chapter 428 and this chapter.
3. This section does not apply to special assessment levies.