A bill for an act relating to real estate transfer tax, including declarations of value.

HF 2188 requires sellers, buyers, or their agents to submit a signed "declaration of value" with property transfer documents (like deeds) when recording in Iowa counties. This applies to most real estate transfers but exempts specific cases, including corporate mergers, family entity transfers without payment, and trust asset distributions to beneficiaries. The bill clarifies that counties must collect this declaration when paying transfer taxes, as outlined in existing tax code sections. It directly affects property sellers, buyers, and county recorders handling real estate transactions.