Text: HF00637 Text: HF00639 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. Section 543B.3, Code 1997, is amended by adding
1 2 the following new subsection:
1 3 NEW SUBSECTION. 9. Completes, or assists in the
1 4 completion of, an instrument or document related to a
1 5 transaction including, but not limited to, a preliminary
1 6 purchase agreement, earnest money receipt, mortgage, lease,
1 7 assignment, release, contract for sale, or bill of sale.
1 8 EXPLANATION
1 9 This bill amends Code section 543B.3, which lists acts
1 10 which constitute activities of a real estate broker or
1 11 salesperson, to include the completion, or assistance in
1 12 completion of, an instrument or document related to a
1 13 transaction including, but not limited to, a preliminary
1 14 purchase agreement, earnest money receipt, mortgage, lease,
1 15 assignment, release, contract for sale, or bill of sale. The
1 16 list of acts included in Code section 543B.3 specifically
1 17 provides that a real estate broker is a person who engages in
1 18 any of the acts set forth. Code section 543B.6 provides that
1 19 a person who engages in such acts is a real estate broker or
1 20 real estate salesperson under the chapter.
1 21 LSB 2200HV 77
1 22 mj/cf/24
Text: HF00637 Text: HF00639 Text: HF00600 - HF00699 Text: HF Index Bills and Amendments: General Index Bill History: General Index
Iowa General Assembly
Search: House Bills and Amendments (77th General Assembly)
© 1997 Cornell College and League of Women Voters of Iowa
Comments about this site or page? webmaster@legis.iowa.gov. Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Apr 15 03:41:58 CDT 1997
URL: /DOCS/GA/77GA/Legislation/HF/00600/HF00638/970314.html
jhf