Iowa § 499B.7 Interest in common elements — reference to them in instrument

Iowa Statutes

§ 499B.7 — Interest in common elements — reference to them in instrument

Iowa § 499B.7

Title XIIBUSINESS ENTITIES

Ch. 499BHORIZONTAL PROPERTY (CONDOMINIUMS)

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Bluebook

Iowa Code § 499B.7 (2026).

Text

1.Thefractionalorpercentageinterestinthegeneralcommonelementsandthefractional or percentage interest in the limited common elements where such exist are hereby declared to be appurtenant to each of the separate apartments.

2.Any conveyance, encumbrance, lien, alienation, or devise of an apartment under a horizontal property regime by any instrument which describes the land and apartment as set forth in section 499B.4 shall also convey, encumber, alienate, devise, or be a lien upon the fractional or percentage interest appurtenant to each such apartment under section 499B.4, subsection6,tothegeneralcommonelements,andtherespectiveshareorpercentageinterest to limited common elements where applicable, whether such general common elements or limited common elements are described as in section

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1. Thefractionalorpercentageinterestinthegeneralcommonelementsandthefractional
or percentage interest in the limited common elements where such exist are hereby declared
to be appurtenant to each of the separate apartments.
2. Any conveyance, encumbrance, lien, alienation, or devise of an apartment under a
horizontal property regime by any instrument which describes the land and apartment as
set forth in section 499B.4 shall also convey, encumber, alienate, devise, or be a lien upon the
fractional or percentage interest appurtenant to each such apartment under section 499B.4,
subsection6,tothegeneralcommonelements,andtherespectiveshareorpercentageinterest
to limited common elements where applicable, whether such general common elements or
limited common elements are described as in section 499B.4, subsections 4 and 5, by general
reference only, or not at all.