Iowa Code §499B.18
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Horizontal Property — Common Expenses Before Foreclosure

First mortgage foreclosure purchasers are not personally liable for common expenses that became due before they acquired title. However, those unpaid amounts become collectible from all owners including the new acquirer as a common expense.

Status Active
Source Official text

Reviewed · Iowa changes feed

Statutory Text Verified Aug 5, 2026 · OTHER
Iowa Legislature - Code Section Listings X Iowa Code - 2026 Title XII - BUSINESS ENTITIES | Back to Title Listing Chapter 499B - HORIZONTAL PROPERTY (CONDOMINIUMS) | Back to Chapter Listing Code Section PDF RTF §499B.1 - Short title. PDF RTF §499B.2 - Definitions. PDF RTF §499B.3 - Recording of declaration to submit property to regime. PDF RTF §499B.4 - Contents of declaration. PDF RTF §499B.5 - Contents of deeds of apartments. PDF RTF §499B.6 - Copy of the floor plans to be filed. PDF RTF §499B.7 - Interest in common elements — reference to them in instrument. PDF RTF §499B.8 - Removal from provisions of this chapter. PDF RTF §499B.9 - Removal no bar to subsequent resubmission. PDF RTF §499B.10 - Individual apartments and interest in common elements are alienable. PDF RTF §499B.11 - Real property tax and special assessments — levy on each apartment. PDF RTF §499B.12 - Liens against apartments — removal from lien — effect of part payment. PDF RTF §499B.13 - Limitation upon availability of partition — exception as to limitation of partition by joint ownership. PDF RTF §499B.14 - Bylaws. PDF RTF §499B.15 - Contents of bylaws. PDF RTF §499B.16 - Disposition of property — destruction or damage. PDF RTF §499B.17 - Lien against owner of unit. PDF RTF §499B.18 - Common expenses before foreclosure. PDF RTF §499B.19 - Common expenses after voluntary conveyance. PDF RTF §499B.20 - Conversions to meet building codes. PDF RTF §499B.21 - Effect of documents and instruments. PDF RTF If you would like to get the permanent link to a url other than the page you are currently viewing you can paste a url inside of the destination box and hit regenerate Destination: Perma Link:
Enforcement
Ref Requirement
However, those unpaid amounts become collectible from all owners including the new acquirer as a common expense.
First mortgage foreclosure purchasers are not personally liable for common expenses that became due before they acquired title.
This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
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