September 09, 2010
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Penalties for using an illegal construction contract in Iowa:
  • Omission of the mechanics' lien notice required by Iowa Code § 572.13 can result in the loss of all mechanics' lien rights.
  • Failure to create a private statute of limitations can make a contractor liable for latent construction defects for 15 years.
  • No matter what the contract says, Iowa Code § 573.12 sets a deadline for payment of subcontractors on public works projects.
  • Without a clause making time of the essence of the contract, Iowa courts will not compensate a contractor for most delays. Peter Kiewit Sons' Co. v. Iowa Southern Utilities Co., 355 F. Supp. 376, (S.D. Iowa) 1973
  • Omission of federal truth in lending disclosures required by 15 United States Code § 1638 makes the creditor liable for both the overcharge and the debtor's attorney fees.
  • Omission of disclosures required by 12 Code of Federal Regulations § 226.15 extends the right of rescission to three years (rather than three days).
  • Omission of insulation disclosures required by 16 Code of Federal Regulation § 460 can result in an $11,000 fine.
The contracts linked below will help Iowa contractors avoid these penalties by complying with state and federal law.
The contracts linked below also comply with current Iowa and federal court decisions.

Iowa Construction Contracts Available Now
Title Bias Contract Type Page Length
IA Commercial Construction I Light bias in favor of the contractor. Prime 31
IA Commercial Construction II Light bias in favor of the owner. Prime 12
IA Commercial Repair Neutral. Prime 16
IA Commercial Subcontract I Light bias in favor of the subcontractor. Subcontract 27
IA Commercial Subcontract II Light bias in favor of the contractor. Subcontract 13
IA Custom Home I Light bias in favor of the contractor. Prime 20
IA Custom Home II Light bias in favor of the owner. Prime 26
IA Home Improvement I Moderate bias in favor of the contractor. Prime 25
IA Home Improvement II Moderately favors the owner. Prime 29
IA Home Repair I Heavy bias in favor of the contractor. Prime 13
IA Home Repair II Heavy bias in favor of the owner. Prime 19
IA Pool Neutral. Prime 20
IA Public Works Subcontract Moderate bias in favor of the contractor. Subcontract 31
IA Residential Subcontract I Light bias in favor of the subcontractor. Subcontract 11
IA Residential Subcontract II Light bias in favor of the contractor. Subcontract 18
IA Tenant Improvement Neutral. Prime 12