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Iowa Deposit bank holding / separate account

Last reviewed 2026-10-23

Deposit bank holding / separate account in Iowa

Deposits must be held for the tenant in a federally insured bank, savings and loan or credit union, and not mixed with the landlord's personal funds. A shared, interest-bearing trust account is allowed. Code text: "Rental deposits shall not be commingled with the personal funds of the landlord."

Verified Source: Iowa Code § 562A.12(2) · last checked 2026-10-23

Same topic in neighboring states

All Iowa landlord-tenant law · Iowa landlord FAQ · Security deposit limit · Deposit return deadline · Notice to enter · Required lease disclosures · Required disclosures (mold, lead, radon, bedbug, asbestos, flood zone)

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