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Mandated DisclosuresGroundwater_disclosureHARD

Which statement best describes Iowa's Groundwater Hazard Statement requirement under Iowa Code §558A.6?

Correct Answer

B) It is required for real property transfers and discloses wells, underground tanks, hazardous waste sites, and protected water source areas

Iowa Code §558A.6 requires a Groundwater Hazard Statement for real property transfers in Iowa. The statement discloses the presence of private wells, underground storage tanks, hazardous waste, and protected water source areas. This is a uniquely Iowa requirement that applies broadly to real property transfers, not limited to residential transactions.

Answer Options
A
It is optional and completed only at the seller's discretion
B
It is required for real property transfers and discloses wells, underground tanks, hazardous waste sites, and protected water source areas
C
It is required only for agricultural and farm property transfers
D
It is a federal form required by the EPA for all property sales nationwide

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Related Topics & Key Terms

Related Topics:

§558A.6wellsunderground-tanksIowa-uniqueDNR

Key Terms:

Groundwater Hazard Statement§558A.6Iowa uniquewellsunderground tanks
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