Wanfalt v. Burlington Bank and Trust

*829VOGEL, J.

Daniel and Dawn Wanfalt appeal the district court’s directed verdict in favor of the Burlington Bank and Trust (the Bank) on a claim for failing to execute a mandatory disclosure form pursuant to Iowa Code section 558A.1 (2003). After considering the record and arguments on appeal, we agree with the district court’s conclusion that this real estate transaction is excluded under the statute and affirm.

In 1997, the Bank acquired a mortgage from Gary and Beverly Marquardt in connection with the purchase-money financing of 21.56 acres of land with a dwelling unit near Morning Sun, Iowa.…