This version of the form is not currently in use and is provided for reference only. Download this version of Instructions for DNR Form 542-0960 for the current year.

Instructions for DNR Form 542-0960 Real Estate Transfer - Groundwater Hazard Statement - Iowa

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DNR Form 542-0960 Real Estate Transfer - Groundwater Hazard Statement - Iowa

This document contains official instructions for DNR Form 542-0960 , Real Estate Transfer - Groundwater Hazard Statement - a form released and collected by the Iowa Department of Natural Resources. An up-to-date fillable DNR Form 542-0960 is available for download through this link.

FAQ

Q: What is Form 542-0960?
A: Form 542-0960 is the Real Estate Transfer - Groundwater Hazard Statement specifically for properties located in Iowa.

Q: What is a Groundwater Hazard Statement?
A: A Groundwater Hazard Statement is a document that discloses information related to potential groundwater contamination on a property.

Q: Who needs to fill out Form 542-0960?
A: The seller of a property in Iowa is typically responsible for filling out Form 542-0960.

Q: What information is included in Form 542-0960?
A: Form 542-0960 includes details about any known or suspected groundwater contamination on the property, including information on hazardous substances, wells, and underground storage tanks.

Q: Are there any fees associated with Form 542-0960?
A: There may be a small fee associated with obtaining Form 542-0960, depending on where you obtain it from.

Q: Why is Form 542-0960 important?
A: Form 542-0960 is important because it provides important information about potential groundwater hazards on a property, allowing buyers to make informed decisions.

Q: Do I need to fill out Form 542-0960 if I'm buying a property in Iowa?
A: As a buyer, you do not fill out Form 542-0960. It is the seller's responsibility to complete and provide this form to you.

Q: Can Form 542-0960 affect the sale of a property?
A: Yes, Form 542-0960 can potentially affect the sale of a property, as it discloses any known or suspected groundwater contamination issues that may impact the buyer's decision to purchase.

Q: Is Form 542-0960 specific to Iowa?
A: Yes, Form 542-0960 is specific to properties located in Iowa.

Q: Can I use a different form for groundwater hazard disclosure in Iowa?
A: No, Form 542-0960 is the designated form for disclosing groundwater hazards in Iowa real estate transactions.

Instruction Details:

This 3-page document is available for download in PDF;
Actual and applicable for the current year;
Complete, printable, and free.

Download your copy of the instructions by clicking the link below or browse hundreds of other forms in our library of forms released by the Iowa Department of Natural Resources.