This bill amends Section 562B.14 of the Iowa Code regarding rent increases in manufactured home communities and mobile home parks. It maintains the requirement that tenants must be notified in writing of any rent increase at least ninety days before the effective date, which cannot be sooner than the expiration date of the original rental agreement or any renewal or extension.

The key change introduced by the bill is that landlords are prohibited from increasing rent more than once per calendar year unless it is deemed reasonably necessary for specific reasons. These reasons include an increase in insurance premiums that the tenant pays to the landlord under the rental agreement or an increase in infrastructure-related expenses of the manufactured home community or mobile home park that the tenant is responsible for under the rental agreement.

Statutes affected:
Introduced: 562B.14