IOWAz Salespersonz Examz Prepz 2024-2025
questionsz andz answersz newz solution
Inz Iowa,z whoz administersz realz estatez licensez law?z -
z answerz Iowaz Realz Estatez Commission
Thez membersz ofz thez Iowaz Realz Estatez Commissionz arez appointedz byz thez -
z answerz Governor,z subjectz toz senatez approval
Thez realz estatez commissionz hasz thez authorityz toz -z
answerz Makez andz enforcez thez rulesz byz whichz allz realz estatez licenseesz
mustz abide
Thez Iowaz Realz Estatez Commissionz mayz undertakez anz investigationz ofz az licenseez
basedz onz allz ofz thez followingz groundsz EXPECTz –
z answerz Az phonez complaintz fromz thez public
Whichz statementz aboutz thez Iowaz Realz Estatez Commissionz isz true?z -z
answerz Anz independentz testingz companyz administersz thez examinationsz takenz
forz realz estatez licensing
Thez commissionz hasz thez powerz toz revokez az salesperson'sz license,z ifz thez
salespersonz –
z answerz depositsz az tenant'sz rentalz checkz inz hisz orz herz ownz bankz accountz
andz thenz writesz az personalz checkz toz thez landlord
Az housingz discriminationz chargez basedz onz az violationz ofz thez Iowaz Civilz Rightsz Actz
mustz bez filedz withz thez Iowaz Civilz Rightsz Commissionz withinz –
z answerz 180z Days
,Az licenseez changesz hisz orz herz personalz residence.z Whichz ofz thez followingz isz true?z
-z
answerz Thez commissionz mustz bez notifiedz inz writingz ofz az changez ofz residencez orz
mailingz address
Whenz thez realz estatez commissionz sendsz az Noticez ofz Hearingz toz az licensee,z thez
noticez includesz allz thez followingz EXCEPTz az –z
answerz statementz ofz thez possiblez punishments
Ifz az personz cannotz findz employmentz asz az salespersonz inz az community,z thez
commissionz hasz thez authorityz toz waivez thez experiencez requirementz andz allowz thez
personz toz takez thez broker'sz examz afterz thez candidatez –z
answerz completesz az requiredz brokerz pre-licensingz education
Thez Iowaz Realz Estatez Commissionz canz investigatez az licenseez forz allz ofz thez
followingz EXCEPTz –z
answerz Professionz Competency
Regardingz errorsz andz omissionsz insurance,z whichz ofz thez followingz statementsz isz
TRUE?z –z
answerz Thez realz estatez commissionz determinesz thez minimumz limitedz ofz
coverage,z deductibles,z andz permissiblez exceptions
Thez realz estatez commissionz occasionallyz receivesz writtenz complaintsz thatz lackz
clarityz and,z therefore,z mayz bez refusedz az hearing.z Whichz ofz thez followingz isz
groundsz forz az hearing?z –z
answerz Revocationz ofz anyz professionalz license
Thez mixz ofz licensedz andz unlicensedz membersz ofz thez realz estatez commissionz isz –z
answerz fivez licensedz andz twoz unlicensed
Az realz estatez commissionerz willz serverz forz az termz ofz -z
answerz threez years
, Ifz az salespersonz memberz ofz thez Iowaz Realz Estatez Commissionz electsz toz becomez
az broker-z associatez duringz herz appointmentz toz thez commissionz shez –z
answerz mayz completez herz termz asz az salesperson,z butz losez eligibilityz forz
reappointmentz asz az salespersonz ifz shez isz thez onlyz salespersonz member
Thez Iowaz Realz Estatez Commissionz –
z answerz memberz isz notz allowedz toz holdz anyz otherz electivez orz appointedz
statez orz federalz officez simultaneously
Byz statez law,z thez Iowaz Realz Estatez Commissionz mayz NOTz –z
answerz adoptz rulesz toz establishz titlez insurancez inz Iowa
Membersz ofz thez commissionz arez entitledz toz –z
answerz Actualz expensesz plusz az stipendz forz eachz dayz ofz service
Thez commissionz sealz isz usedz toz authenticatez –z
answerz thez realz estatez commission'sz proceedingsz andz copiesz ofz paperz usedz
inz court
Inz thez preparationz ofz az realz estatez hearing,z thez powerz toz executez andz signz
subpoenasz thatz requirez thez attendancez andz testimonyz ofz anyz witnessz andz thez
handoverz ofz anyz paperz orz booksz isz givenz toz thez –z
answerz Thez Realz Estatez Commission
Disobediencez toz az realz estatez commissionz subpoenaz isz consideredz –z
answerz Contemptz ofz court
Witnessesz subpoenaedz byz thez Iowaz Realz Estatez Commissionz arez entitledz toz –
z answerz Thez samez feesz andz mileagez asz inz judicialz proceedingsz forz civilz
cases
questionsz andz answersz newz solution
Inz Iowa,z whoz administersz realz estatez licensez law?z -
z answerz Iowaz Realz Estatez Commission
Thez membersz ofz thez Iowaz Realz Estatez Commissionz arez appointedz byz thez -
z answerz Governor,z subjectz toz senatez approval
Thez realz estatez commissionz hasz thez authorityz toz -z
answerz Makez andz enforcez thez rulesz byz whichz allz realz estatez licenseesz
mustz abide
Thez Iowaz Realz Estatez Commissionz mayz undertakez anz investigationz ofz az licenseez
basedz onz allz ofz thez followingz groundsz EXPECTz –
z answerz Az phonez complaintz fromz thez public
Whichz statementz aboutz thez Iowaz Realz Estatez Commissionz isz true?z -z
answerz Anz independentz testingz companyz administersz thez examinationsz takenz
forz realz estatez licensing
Thez commissionz hasz thez powerz toz revokez az salesperson'sz license,z ifz thez
salespersonz –
z answerz depositsz az tenant'sz rentalz checkz inz hisz orz herz ownz bankz accountz
andz thenz writesz az personalz checkz toz thez landlord
Az housingz discriminationz chargez basedz onz az violationz ofz thez Iowaz Civilz Rightsz Actz
mustz bez filedz withz thez Iowaz Civilz Rightsz Commissionz withinz –
z answerz 180z Days
,Az licenseez changesz hisz orz herz personalz residence.z Whichz ofz thez followingz isz true?z
-z
answerz Thez commissionz mustz bez notifiedz inz writingz ofz az changez ofz residencez orz
mailingz address
Whenz thez realz estatez commissionz sendsz az Noticez ofz Hearingz toz az licensee,z thez
noticez includesz allz thez followingz EXCEPTz az –z
answerz statementz ofz thez possiblez punishments
Ifz az personz cannotz findz employmentz asz az salespersonz inz az community,z thez
commissionz hasz thez authorityz toz waivez thez experiencez requirementz andz allowz thez
personz toz takez thez broker'sz examz afterz thez candidatez –z
answerz completesz az requiredz brokerz pre-licensingz education
Thez Iowaz Realz Estatez Commissionz canz investigatez az licenseez forz allz ofz thez
followingz EXCEPTz –z
answerz Professionz Competency
Regardingz errorsz andz omissionsz insurance,z whichz ofz thez followingz statementsz isz
TRUE?z –z
answerz Thez realz estatez commissionz determinesz thez minimumz limitedz ofz
coverage,z deductibles,z andz permissiblez exceptions
Thez realz estatez commissionz occasionallyz receivesz writtenz complaintsz thatz lackz
clarityz and,z therefore,z mayz bez refusedz az hearing.z Whichz ofz thez followingz isz
groundsz forz az hearing?z –z
answerz Revocationz ofz anyz professionalz license
Thez mixz ofz licensedz andz unlicensedz membersz ofz thez realz estatez commissionz isz –z
answerz fivez licensedz andz twoz unlicensed
Az realz estatez commissionerz willz serverz forz az termz ofz -z
answerz threez years
, Ifz az salespersonz memberz ofz thez Iowaz Realz Estatez Commissionz electsz toz becomez
az broker-z associatez duringz herz appointmentz toz thez commissionz shez –z
answerz mayz completez herz termz asz az salesperson,z butz losez eligibilityz forz
reappointmentz asz az salespersonz ifz shez isz thez onlyz salespersonz member
Thez Iowaz Realz Estatez Commissionz –
z answerz memberz isz notz allowedz toz holdz anyz otherz electivez orz appointedz
statez orz federalz officez simultaneously
Byz statez law,z thez Iowaz Realz Estatez Commissionz mayz NOTz –z
answerz adoptz rulesz toz establishz titlez insurancez inz Iowa
Membersz ofz thez commissionz arez entitledz toz –z
answerz Actualz expensesz plusz az stipendz forz eachz dayz ofz service
Thez commissionz sealz isz usedz toz authenticatez –z
answerz thez realz estatez commission'sz proceedingsz andz copiesz ofz paperz usedz
inz court
Inz thez preparationz ofz az realz estatez hearing,z thez powerz toz executez andz signz
subpoenasz thatz requirez thez attendancez andz testimonyz ofz anyz witnessz andz thez
handoverz ofz anyz paperz orz booksz isz givenz toz thez –z
answerz Thez Realz Estatez Commission
Disobediencez toz az realz estatez commissionz subpoenaz isz consideredz –z
answerz Contemptz ofz court
Witnessesz subpoenaedz byz thez Iowaz Realz Estatez Commissionz arez entitledz toz –
z answerz Thez samez feesz andz mileagez asz inz judicialz proceedingsz forz civilz
cases
