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Iowa Legislative Bills
1 legislative bill tracked for real estate wholesalers & investors
Medium Risk
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HF2394Enacted — In ForceIn force since Jul 1, 2024 Medium Risk
A bill for an act relating to the wholesaling of residential property by a wholesaler, and providing civil penalties. (Formerly HSB 637.) Effective date: 07/01/2024.
Summary
- HF2394 is a legislative bill that regulates the wholesaling of residential properties in Iowa and introduces civil penalties for violations
- It aims to establish clearer guidelines for wholesalers operating in the state
What This Means for Wholesalers
- This bill likely imposes new requirements on wholesalers, potentially including the need for a real estate license or adherence to specific practices
- Wholesalers may face civil penalties for non-compliance, increasing the legal risks associated with their operations
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