Iowa § 542B.35 Exception — real property inspection report

Iowa Statutes

§ 542B.35 — Exception — real property inspection report

Iowa § 542B.35

Title XIIICOMMERCE

Ch. 542BPROFESSIONAL ENGINEERS AND LAND SURVEYORS

This text of Iowa § 542B.35 (Exception — real property inspection report) 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 § 542B.35 (2026).

Text

1.“Real property inspection report” means a report stating whether, after visual examination, a parcel of real property which is being collateralized is materially impaired.

2.A real property inspection report is not a property survey or an engineering document and is exempt from the provisions of this chapter and the rules adopted under this chapter which apply to property surveys. A real property inspection report shall not be filed or recorded with the county recorder. The real property inspection report shall include all of the following:

a.A clear and prominent statement of disclosure to the buyer that the real property inspection report is not a property survey or an engineering document and should not be relied upon as such, and that property boundaries shown may be approximate o

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1. “Real property inspection report” means a report stating whether, after visual
examination, a parcel of real property which is being collateralized is materially impaired.
2. A real property inspection report is not a property survey or an engineering document
and is exempt from the provisions of this chapter and the rules adopted under this chapter
which apply to property surveys. A real property inspection report shall not be filed or
recorded with the county recorder. The real property inspection report shall include all of
the following:
a. A clear and prominent statement of disclosure to the buyer that the real property
inspection report is not a property survey or an engineering document and should not be
relied upon as such, and that property boundaries shown may be approximate only.
b. A clear and prominent statement that the report is for the use of the mortgage lender or
its assigns and determination of the actual placement of boundary lines should be addressed
by a property survey in accordance with the provisions of this chapter.
3. A person who completes the real property inspection report shall not claim to be a
licensed professional land surveyor or a licensed professional engineer for purposes of the
report.