Property Ownership
Iowa's horizontal property act (Iowa Code Chapter 499B) applies to:
AAll Iowa real estate transactions
BIowa condominiums, establishing the legal framework for condominium ownership, governance, and common element maintenance✓ Correct
COnly commercial condominiums in Des Moines
DManufactured housing parks
Explanation
Iowa Code Chapter 499B (the Horizontal Property Act) provides the statutory framework for Iowa condominium ownership, including requirements for the declaration, bylaws, common element ownership, association governance, and owner rights and duties.
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