Iowa Code § 499B.11
Real property tax and special assessments — levy on each apartment
Iowa · Iowa Code Chapter 499B — Horizontal Property (Condominiums) · Status: effective
Cite this
- Citation
- Iowa Code § 499B.11, Real property tax and special assessments — levy on each apartment, Iowa, version 1 as recorded 2026-10-03, yourstate.us, https://yourstate.us/provision/2261268
- Permanent ID
ys:prov:2261268@1- SHA-256
cb414098560768c7f4ac59e1d79723d5cf54f1fc1a15dc0b16328af289f2f454
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
1. All real property taxes and special assessments shall be assessed and levied on each apartment and its respective appurtenant fractional share or percentage of the land, general common elements and limited common elements where applicable as these apartments and appurtenances are separately owned, and not on the entire horizontal property regime. The fair market value determined for an apartment includes the value of its appurtenant share or percentage of the land, general common elements, and limited common elements.
2. Any exemption from taxes that may exist on real property or the ownership thereof shall not be denied by virtue of the registration of the property under the provisions of this chapter.