IOWA REAL ESTATE COMMISSION
1918 SE Hulsizer
Present: Chair; Terry Rogers, Mark Odden, Theresa Loffredo, and
Evelyn Rank. Russ Nading was absent.
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
Rank moved, seconded by Odden to take the following action on
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
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.
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
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
Vacation Village at Parkway
3001 Parkway Boulevard
Developed by Lando Resorts Corporation.
Motion carried unanimously.
Paul McLaughlin, IAR, reported the association is working on their
Loffredo moved, seconded by Rank to adjourn the meeting at 10:15
a.m. Motion carried unanimously.
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