Iowa PLB

Discipline Details

Discipline Information

 
C-REC-18-00093
F05899000
Mr. David Whitaker
2/13/2020
Consent Order
Informal Settlement Agreement. $500 Civil Penalty.
COUNT I - Respondent is charged with failing to properly effectuate the terms of an executed purchase agreement and failing to deposit earnest payments received by the real estate brokerage firm in an Iowa real estate trust account in violation of Iowa Code sections 543B.29(1)(k), 543B.34(1), 543B.46, 543B.56(1)(b) (2018). See 193E Iowa Administrative Code sections 12.3(1)(a), 12.3(1)(b), 13.1, 13.1(1), 18.14(5)(f)(10).
Satisfied
2/25/2020
View Disciplinary Index

Regulation Violations

Regulation Licensing Board
-543B.29(1)(k)    Real Estate Commission   
-543B.34(1)    Real Estate Commission   
-543B.46    Real Estate Commission   
-543B.56(1)(b)    Real Estate Commission   
193E-12.3(1)(a)    Real Estate Commission   
193E-12.3(1)(b)    Real Estate Commission   
193E-13.1    Real Estate Commission   
193E-13.1(1)    Real Estate Commission   
193E-18.14(5)(f)(10)    Real Estate Commission