Iowa Interest on deposits
Does a landlord have to pay interest on a security deposit in Iowa?
Deposits must be held in a federally insured bank, savings and loan or credit union, separate from the landlord's own funds. Any interest earned during the first five years of a tenancy belongs to the landlord.
Verified Source: Iowa Code § 562A.12(2) · last checked 2026-10-23
Same topic in neighboring states
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