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Property sales are usually dealt with through an online auction. Notifications of sales and the dates bids are due are normally released in regional newspapers and on the Iowa DOT's site. The Iowa DOT schedules the right to accept or decline all quotes. When items such as houses and other structures must be moved, the Iowa DOT usually requires a performance deposit (bond).

After the regards to the bid proposition are fulfilled, the deposit is gone back to the purchaser. Regards to land sales, with or without enhancements, need 10 percent of the bid be sent at the conclusion of the online auction, with the balance due 60 days after the effective bidder is informed his/her bid has been accepted.


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