A bill for an act relating to rent increases under residential landlord and tenant rental agreements and in manufactured home communities and mobile home parks.

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Plain-English Summary

This bill limits how much landlords can raise rent for current tenants in Iowa. If a landlord wants to increase rent, the new rent cannot be more than three times the change in the Midwest consumer price index or the increase in the property's assessed value, whichever is higher. This applies to both regular rental properties and mobile home parks.

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