BLACK HILLS ASSOCIATION OF REALTORS BOARD OF DIRECTORS July 12, 2013 Approved Call to Order: President Kelly Howie

called the meeting to order at approximately 8:15 a.m. in the Association Office. Alicen Dupont, Ed Dreyer, Ron Kroeger, Tristan Emond, and Lisa Mueller-Cox were excused; all other officers and directors were present. SDAR President Kevin Kuehn was also in attendance. Pledge of Allegiance: The Pledge of Allegiance was said. REALTOR Pledge The REALTOR pledge was said. Agenda: Stuart Martin made a motion to approve the agenda as amended. Bart Miller seconded the motion, which passed unanimously. The following two agenda items were moved forward. SDAR Membership Services: Kris Brice, SDAR Membership Services Committee Chair and SDAR President Kevin Kuehn explained the proposed change to the selection of Convention sites. Kris will take the suggestions provided back to SDAR. Issues Advocacy: SDAR Issues Mobilization Trustees have had discussions regarding the use of local IM funds. The Directors agreed to provide items of public policy or interest for digital advertising and discuss on a monthly basis. This will help lay the foundation for continued funding from SDAR funds. Kelly Howie and Sheila Tom will research the current issue on ag property tax rule and report back to the BOD. Minutes: It was noted the June 14, 2013 minutes were approved by email vote and have been distributed. Membership Applications: REALTOR

Affiliate

Allen Wellman, Coldwell Banker LKH Real Estate, Inc. Shannon Matkins, Exit Realty, the Benchmark Co. Donald Emch, Matkins Realty Judd Nielsen, RE/MAX of Rapid City M. Dean Henzlik, Jr, The Real Estate Group Joshua Baldwin, The Real Estate Group Petra Atherley, The Real Estate Group Med5 Federal Credit Union, Pam Brown-Graff

Stuart Martin moved to approve the applications pending completion of all membership requirements. Bart Miller seconded the motion, which passed unanimously. Financial Report: Stuart Martin presented financial statements for June, reported on the CPA internal review, and moved to receive financials as presented. Shawn Wood seconded the motion, which passed unanimously. Unfinished Business: Affiliate Sponsorship Update: Directors were reminded that the 2013 December breakfast is outstanding and provided copies of 2014 affiliate letters, flyer, and benefits which will be mailed out in July. New Business Committee Reports: Forms: The Forms Committee has two recommendations (copies provided) and one request. Recommend to the Board of Directors to: First Recommendation: (1) add the following paragraph to the Disclosure of Information and Acknowledgment On-site Wastewater Treatment Systems/Sewerage Systems:

The Parties acknowledge the Property is located in Meade County and is serviced by an On Site Wastewater System. In accordance with Meade Countys Wastewater Treatment and Water Systems Ordinance No. 33 for Meade County dated September 6, 2011; Section 1.04 Definitions: Time of Sale Inspection : All sellers of properties with on-site wastewater systems (septic systems),, must have their on-site wastewater system inspected by a South Dakota DENR Certified Wastewater Installer, licensed with Meade County and the tank must be pumped at or within 6 months of the time of sale. Properties classified for property tax purposes as agricultural land and which are intended for primarily agricultural use, are exempt f rom this requirement. And (2) Add the following language to the Agents Acknowledgment section: ____ Agent has informed the seller of the seller's obligations under the Meade County Wastewater Treatment and Water Systems Ordinance No.33, Pennington County's On-site Wastewater Treatment Systems Ordinance Section 203, and/or Rapid City Code of Ordinances Section 13.09.800, Sewerage System Permits. Stuart Martin moved to accept the recommendation as presented; Lisa Dorsey seconded the motion which passed unanimously. Second Recommendation: Change 7.B. of the Purchase Agreement as follows: 7. SALE OF BUYER'S PROPERTY B. This offer is contingent upon the sale and close or close of the buyers property...

Kris Brice moved to accept the recommendation as presented; Chris Long seconded the motion which passed unanimously. Request: From Form Committee minutes: It was brought to BHARs attention that BHAR forms, which are copyrighted and protected under Form Simplicity license agreements, may be used to create modified forms. Questions. If there is no BHAR logo, Form Simplicity logo or copyright language, is it okay that the forms are reused verbatim? Should the BOD consider a legal opinion regarding copyright protection and proprietary interests? With those questions in mind, the forms committee would like the Board to research or think about legalities surrounding potential use of copyrighted BHAR forms without logo and copyright data. Shawn Wood made a motion to clarify Form Simplicity license agreement in regard to the use of electronic signature. Ron Balster seconded the motion. The motion passed unanimously. RPAC: Lisa Dorsey reported on the August 6 golf event. Approval of MLS Committee Change: With LuVerne Boes dropping membership, Directors were asked to approve the change to the MLS Committee: Bart Miller, Chair and Technology Committee Ed Dreyer, BOD Member Sheila Tom, BOD Member Perry Grosz, Technology Committee David Kahler, Owner/Broker Keith Carlyle, Owner/Broker Dave Mortimer, Member at Large Daneen Jacquot, Member at Large Pam Heiberger, Member at Large Stuart Martin moved to approve the MLS Committee as presented. Bart Miller seconded the motion which passed unanimously.

Military Dues Waiver: Exit Realty has asked for waiver of Daniel Tribbys dues during his military deployment to a war zone. Kris Brice moved to waive local dues during Daniels deployment; Ron Balster seconded the motion which passed unanimously. Other: Mediation/ethics, membership numbers and meeting attendance, and under contract information were provided to the group. With no further business, the meeting was adjourned.

Amy Bochman Executive Vice President Black Hills Association of REALTORS