Bill Text: IA HF607 | 2023-2024 | 90th General Assembly | Enrolled
Bill Title: A bill for an act relating to real estate licensee liability. (Formerly HSB 204.) Effective date: 07/01/2023.
Spectrum: Committee Bill
Status: (Passed) 2023-05-03 - Signed by Governor. H.J. 1015. [HF607 Detail]
Download: Iowa-2023-HF607-Enrolled.html
House
File
607
-
Enrolled
House
File
607
AN
ACT
RELATING
TO
REAL
ESTATE
LICENSEE
LIABILITY.
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
Section
1.
Section
543B.62,
Code
2023,
is
amended
by
adding
the
following
new
subsection:
NEW
SUBSECTION
.
4.
a.
A
licensee
providing
brokerage
services
to
a
client
shall
not
be
in
possession
of
the
client’s
real
estate.
A
licensee
may
enter
upon
the
premises
of
a
client’s
real
estate
to
fulfill
the
licensee’s
obligations
pursuant
to
section
543B.3,
section
543B.6,
or
pursuant
to
a
written
agreement
between
the
licensee
and
the
client.
b.
A
licensee
has
no
duty
of
care
with
regard
to
a
client’s
real
estate
or
with
regard
to
a
person
entering,
viewing,
or
traversing
upon
the
premises
of
a
client’s
real
estate
other
than
to
fulfill
the
licensee’s
obligations
pursuant
to
section
543B.3,
section
543B.6,
or
pursuant
to
a
written
agreement
between
the
licensee
and
the
client.
c.
A
licensee
providing
brokerage
services
to
a
client
shall
not
be
liable
for
damage
to
the
client’s
real
estate
or
for
any
physical
injury,
accident,
or
harm
to
a
person
entering,
viewing,
or
traversing
upon
the
premises
of
a
client’s
real
House
File
607,
p.
2
estate
unless
the
licensee
is
the
direct
and
proximate
cause
of
the
damage,
injury,
accident,
or
harm.
d.
A
client
shall
be
responsible
for
the
care,
maintenance,
repair,
condition,
and
safety
of
the
client’s
real
estate
that
is
being
offered
to
sell,
exchange,
buy,
or
rent
to
a
person.
______________________________
PAT
GRASSLEY
Speaker
of
the
House
______________________________
AMY
SINCLAIR
President
of
the
Senate
I
hereby
certify
that
this
bill
originated
in
the
House
and
is
known
as
House
File
607,
Ninetieth
General
Assembly.
______________________________
MEGHAN
NELSON
Chief
Clerk
of
the
House
Approved
_______________,
2023
______________________________
KIM
REYNOLDS
Governor