Iowa Statutes
§ 543B.45 — Dual contracts for sale of real property
Iowa § 543B.45
This text of Iowa § 543B.45 (Dual contracts for sale of real property) is published on Counsel Stack Legal Research, covering Iowa primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Iowa Code § 543B.45 (2026).
Text
1.A person licensed under this chapter shall not knowingly make, issue, deliver, receive,
or permit the use of two or more written or oral contracts for the purpose of sale concerning
the same parcel of real estate one of which is not made known to the prospective lender or
loan guarantor to enable the purchaser to obtain a larger loan than the true sales price would
allow or to enable the purchaser to qualify for a loan which the purchaser otherwise could
not obtain.
2.Anypersonwhoshallviolatetheprovisionsofthissectionshallbeguiltyofafraudulent
practice.
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
[C71, 73, 75, 77, 79, 81, §117.45; 81 Acts, ch 54, §22]
Nearby Sections
15
§ 543B.1
License mandatory§ 543B.12
Expenses of members — compensation§ 543B.13
Seal — records§ 543B.14
Fees and expenses§ 543B.15
Qualifications§ 543B.16
Application forms§ 543B.18
Enforcement of rules§ 543B.19
License denied — hearing§ 543B.2
Individual licenses necessary§ 543B.20
Examination§ 543B.21
Nonresident license§ 543B.22
Nonresident’s place of business§ 543B.23
Actions against nonresidents§ 543B.24
Custody of salesperson’s license§ 543B.25
Display of brokerageCite This Page — Counsel Stack
Bluebook (online)
Iowa § 543B.45, Counsel Stack Legal Research, https://law.counselstack.com/statute/ia/543B.45.