Iowa Admin. Code r. 701-74.3
Current through Register Vol. 47, No. 6, September 18, 2024
If the owner of a home has paid one or both installments of the tax for the current fiscal year and subsequently sells the home, no reimbursement shall be made to the seller for any portion of the tax paid. If only the first installment has been paid and the home is sold prior to January 1, the purchaser is responsible for the second installment.
This rule is intended to implement Iowa Code section 43524..
Iowa Admin. Code r. 701-74.3