Category Archives: Legislative Issues
Room 304, 10:00. Always an interesting event that gives us a read on General Assembly priorities vs. Real Estate Investor priorities. All members welcome!
Rental property owners and managers have so much risk from just being in the rental property business. Why not eliminate the risk of using a lease in which you are not confident that it will be held in high regard by the courts?
Several recent court cases, originating out of Iowa City, are drawing fire from tenants to the level of class action suits. And, our side is taking a major hit as a result.
I just what to share how grateful I am to our members who have supported their business, and our association, by purchasing our “Premium Iowa Lease”. 10 copies for $25, or 5 copies for $15. Those fees, now from dozens of RPO’s, help offset the legal expense for creation of those documents.
While we do ask users of IaREIA-ILA forms to sign a “Members Agreement for use of Association Forms”, in exchange, we promise to update existing inventory if there is a legal challenge that causes a member to lose in court, because of such use,
The forms must be used as-is, and there are other conditions, but we offer indemnification from loss up to $1,000, should a user lose a case in court because of a provision in our lease which does not prevail.
We expect to release our “Multi-family Pest Control Addendum” soon, and every attendee who was at our April 18, 2013, meeting, will get a copy for free. I expect this will be shortly after our October 27 meeting, at which Jeffrey Lipman will be our featured speaker. His topic will be on Bed Bugs.
Check our calendar for his credentials. We are ver fortunate to have him speak, as he spends more time litigating in Texas and California, than Iowa. Learn what you need to do to prevent law suits!!!
For nearly three decades National Real Estate Investors Association (NREIA) has offered an opportunity for affiliated associations to compete for “Awards of Excellence” and well as “Honors of Merit”. All awards are presented at the Mid-Year Leadership Conference, in June of each year. Some previous venues for this conference were Seattle, Pittsburgh, Denver, and Minneapolis, in 2012, 2013, 2014, and 2015, respectively, and we have had one or two representatives at each. While it is mandatory that at least one leader from each Chapter attend, we love it when other leaders participate. Interested? Let us know!
This year, our representatives were Andrew Lietzow, Exec Dir, and Leslie Couture, who joined IaREIA in 2015, as an administrative assistant.
On our first evening of our Fall Educational Conference 2014 in Council Bluffs, Senator Gronstal spent significant time with real estate investor leaders in Iowa. He fielded questions about, 1) legislative priorities2) term limits, and 3) a brief discussion of eFiling services for members a complaint filed about the “Unauthorized Practice of Law”.
Sen. Gronstal felt very relaxed with our group. He reminded us of the importance of building relationships with our Senators and Representatives, whether seasoned incumbents or brand new this next session.
The value of having contacts with a great deal of experience in public office was evident. He left with a reminder that our Senators and Representatives need to hear from us because we are their best industry contacts. We’re the most informed, continually sharping our skill set with education, and vigilant in building positive relationships which is beneficial for our industry constituents in Iowa and Nebraska, too!
Rental Property Owners (RPO’s) expect that when they buy an income property they would be entitled to all of the benefits that personal property rights entail, based on a fair and balanced system for allowable occupancy (as in the IPMC). This is not the case in a few municipalities in Iowa. HF184 seeks to change this.
As of this writing, HF184 has been gaining considerable, positive momentum for passage, yet RPO’s and Property Managers can take nothing for granted. Review these talking points, then call if they serve on the House Judiciary Committee or the Senate State Government Committee and ask them to support HF184. Also, please plan to join us for our Landlords Day on the Hill, Feb 5th. Block off from 10 – 1:30 for sure, but hopefully attendees can spend the whole day with us — from 8:30 AM in Room 304 to 2:30-5:00 at Quentin’s Bar and Deli, 506 E Grand Ave.
We will be sending “Calls to Action” specifically to those members whose legislator serves on these committees. Please do take action when the messages arrive.