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CHAPTER428A - Iowa

1 REALESTATETRANSFERTAX, , , ,instrument,orwritingbywhichanylands,ten ements,orotherrealtyinthisstatearegrante d,assigned,transferred,orotherwiseconvey ed,ataxdeterminedinthefollowingmanner:(1 )Whenthereisnoconsiderationorwhenthedeed ,instrument,orwritingisexecutedandtender edforrecordingasaninstrumentcorrectiveof title,andsostates,thereisnotax.(2)Whenth ereisconsiderationandtheactualmarketvalu eoftherealpropertytransferredisinexcesso ffivehundreddollars, consideration ,asusedinthischapter,meansthefullamounto ftheactualsalepriceoftherealpropertyinvo lved,paidortobepaid,includingtheamountof anencumbranceorlienontheproperty, , ,instrument,orwritingbywhichanyrealprope rtyinthisstateisgranted,assigned,transfe rred,orotherwiseconveyedispresentedforre cordingtothecountyrecorder, ,ifthedeed,instrument,orwritingcontainsm ultipleparcelssomeofwhicharelocatedinmor ethanonecounty, ,subsections2through5,7through13,and16th rough21, ,subsection6,exceptinthecaseofafederalag encyorinstrumentality,orifatransferisthe resultofacquisitionoflands,whetherbycont ractorcondemnation, , ,ispurchasedbyacorporation,limitedpartne rship,trust.

1 REALESTATETRANSFERTAX,§428A.1 CHAPTER428A REALESTATETRANSFERTAX Referredtoin§331.602,441.47,558.69 428A.1 Amountoftaxontransfers— declarationofvalue.

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