Property Management
The concept of 'constructive eviction' in Iowa occurs when:
AA landlord physically removes a tenant from the premises
BA landlord's failure to maintain the property makes it uninhabitable, forcing the tenant to vacate✓ Correct
CA tenant is notified they must leave within 30 days
DThe government condemns the property and the tenant must leave
Explanation
Constructive eviction occurs when a landlord's actions (or failure to act) make the rental property so uninhabitable that the tenant is effectively forced to leave. The tenant may claim constructive eviction and terminate the lease without further rent obligation if the landlord has breached the warranty of habitability.
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Key Terms to Know
Option Contract
A contract giving the buyer the right, but not the obligation, to purchase a property at a specified price within a specified time period.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
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