Other - Failing to conduct and/or document monthly reconciliations on a written worksheet to ensure the agreement of the general ledger balance, reconciled bank balance, and individual ledger totals, and Failing to properly maintain and/or account for Brokerâ
Reprimand,
$500 Civil Penalty, and
8 Hr Iowa Real Estate Trust Accounts class.
Failing to conduct and/or document monthly reconciliations on a written worksheet to ensure the agreement of the general ledger balance, reconciled bank balance, and individual ledger totals, and
Failing to properly maintain and/or account for Broker’s Equity to ensure an accurate balance.