Iowa § 499B.10 Individual apartments and interest in common elements are alienable

Iowa Statutes

§ 499B.10 — Individual apartments and interest in common elements are alienable

Iowa § 499B.10

Title XIIBUSINESS ENTITIES

Ch. 499BHORIZONTAL PROPERTY (CONDOMINIUMS)

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Bluebook

Iowa Code § 499B.10 (2026).

Text

When real property containing a building is committed to a horizontal property regime,
each individual apartment located in the building and the interests in the general common
elements and limited common elements if any, appurtenant thereto, shall constitute for all
purposes a separate parcel of real property and shall be as completely and freely alienable
as any separate parcel of real property is or may be under the laws of this state, except as
limited by the provisions of this chapter.

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When real property containing a building is committed to a horizontal property regime,
each individual apartment located in the building and the interests in the general common
elements and limited common elements if any, appurtenant thereto, shall constitute for all
purposes a separate parcel of real property and shall be as completely and freely alienable
as any separate parcel of real property is or may be under the laws of this state, except as
limited by the provisions of this chapter.