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1998 Meeting Minutes


IOWA REAL ESTATE COMMISSION
1918 SE Hulsizer
Ankeny, Iowa

July 9, 1998--MINUTES

Present: Chair; Terry Rogers, Mark Odden, Theresa Loffredo, and Evelyn Rank. Russ Nading was absent.

Others present: Roger Hansen, Executive Secretary; Pam Griebel, Assistant Attorney General; Susan Griffel, Education Director; Michael Sharp, and Chris Wood, Secretary.

The meeting was called to order by Rogers at 9:00 a.m.

Rank moved, seconded Loffredo by that the Commission enter into closed session pursuant to Iowa Code section 21.5(1)(d)(f). Roll call vote as follows: Loffredo, aye; Rogers, aye; Rank, aye, and Odden, aye. Motion carried. The closed session was tape recorded and minutes were recorded. The Commission entered into closed session at 9:00 a.m. and arose therefrom at 9:06 a.m.

Rank moved, seconded by Loffredo to accept the informal settlements signed by Respondents in cases 98-028 and 98-011. Motion carried unanimously.

Rank moved, seconded by Odden to take the following action on complaint cases:

Close cases: 98-014; 98-025; 98-034; 98-016; 98-017 and to

Find Probable Cause: 98-032; 98-023; 98-024

Motion carried unanimously.

Loffredo moved, seconded by Rank to approve the minutes of June 4, 1998 as submitted. Motion carried unanimously.

Due to conflicts the August 20 and September 24 meetings were cancelled. The next scheduled one day meeting will be September 3, 1998. Investigation committee for that date will be Rogers, Loffredo and Rank.

Rank moved, seconded by Odden to issue the reciprocity license of Henry J VanEssen along with a letter in his file. Motion carried unanimously.

The Commission went over proposed Internet and waiver rules. Odden moved, seconded by Rank to File as Notice of Intended Action the Internet and waiver rules. Motion carried unanimously.

Hansen announced Roger Halvorson's appointment as Director of the Department of Commerce.

Griebel reported on a Texas court case dealing with interest bearing lawyer trust accounts. Proposed rules for non-payment of student loans and E & O procedures were also presented for the Commission's consideration.

Hansen reported speaking at the IAR Summer Meetings in Council Bluffs that included an update on the Internet. He is also preparing to attend the ARELLO Central District Conference.

Sharp distributed his written audit report. He stated his goal for the year was 500 audits.

Griffel reported on the REEA Conference in St. Louis. She also reported the Instructor Development Workshop was a success with 52 instructors in attendance.

Rank moved, seconded by Odden to accept the time share abbreviated filing for:

Vacation Village at Parkway
3001 Parkway Boulevard
Kissimmee, Florida
Developed by Lando Resorts Corporation.

Motion carried unanimously.

Paul McLaughlin, IAR, reported the association is working on their Web page.

Loffredo moved, seconded by Rank to adjourn the meeting at 10:15 a.m. Motion carried unanimously.

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