Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024
Iowa Real Estate Exam Prep Questions
and Answers 100% Pass
In Iowa, who administers real estate license law? - ANSWER✔✔-Iowa Real Estate Commission
The members of the Iowa Real Estate Commission are appointed by the - ANSWER✔✔-Governor, subject
to senate approval
The real estate commission has the authority to - ANSWER✔✔-Make and enforce the rules by which all
real estate licensees must abide
The Iowa Real Estate Commission may undertake an investigation of a licensee based on all of the
following grounds EXPECT - ANSWER✔✔-A phone complaint from the public
Which statement about the Iowa Real Estate Commission is true? - ANSWER✔✔-An independent testing
company administers the examinations taken for real estate licensing
The commission has the power to revoke a salesperson's license, if the salesperson - ANSWER✔✔-
deposits a tenant's rental check in his or her own bank account and then writes a personal check to the
landlord
A housing discrimination charge based on a violation of the Iowa Civil Rights Act must be filed with the
Iowa Civil Rights Commission within - ANSWER✔✔-180 Days
A licensee changes his or her personal residence. Which of the following is true? - ANSWER✔✔-The
commission must be notified in writing of a change of residence or mailing address
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When the real estate commission sends a Notice of Hearing to a licensee, the notice includes all the
following EXCEPT a - ANSWER✔✔-statement of the possible punishments
If a person cannot find employment as a salesperson in a community, the commission has the authority
to waive the experience requirement and allow the person to take the broker's exam after the candidate
- ANSWER✔✔-completes a required broker pre-licensing education
The Iowa Real Estate Commission can investigate a licensee for all of the following EXCEPT -
ANSWER✔✔-Profession Competency
Regarding errors and omissions insurance, which of the following statements is TRUE? - ANSWER✔✔-
The real estate commission determines the minimum limited of coverage, deductibles, and permissible
exceptions
The real estate commission occasionally receives written complaints that lack clarity and, therefore, may
be refused a hearing. Which of the following is grounds for a hearing? - ANSWER✔✔-Revocation of any
professional license
The mix of licensed and unlicensed members of the real estate commission is - ANSWER✔✔-five licensed
and two unlicensed
A real estate commissioner will server for a term of - ANSWER✔✔-three years
If a salesperson member of the Iowa Real Estate Commission elects to become a broker-associate during
her appointment to the commission she - ANSWER✔✔-may complete her term as a salesperson, but
lose eligibility for reappointment as a salesperson if she is the only salesperson member
The Iowa Real Estate Commission - ANSWER✔✔-member is not allowed to hold any other elective or
appointed state or federal office simultaneously
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By state law, the Iowa Real Estate Commission may NOT - ANSWER✔✔-adopt rules to establish title
insurance in Iowa
Members of the commission are entitled to - ANSWER✔✔-Actual expenses plus a stipend for each day of
service
The commission seal is used to authenticate - ANSWER✔✔-the real estate commission's proceedings
and copies of paper used in court
In the preparation of a real estate hearing, the power to execute and sign subpoenas that require the
attendance and testimony of any witness and the handover of any paper or books is given to the -
ANSWER✔✔-The Real Estate Commission
Disobedience to a real estate commission subpoena is considered - ANSWER✔✔-Contempt of court
Witnesses subpoenaed by the Iowa Real Estate Commission are entitled to - ANSWER✔✔-The same fees
and mileage as in judicial proceedings for civil cases
At least annually, the Iowa Real Estate Commission publishes, and mails upon request, the names of all
licensees licensed in Iowa and the names - ANSWER✔✔-of those whose licenses have been suspended
or revoked within the last year
The Iowa Real Estate Education Fund is created as a financial assurance mechanism to assist in providing
an education director and establishing and maintaining a real estate education program at -
ANSWER✔✔-The University of Northern Iowa
The Iowa Real Estate Commission specifically will NOT get involved with a dispute over - ANSWER✔✔-
Commissions between cooperating real estate firms
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Iowa Real Estate Exam Prep Questions
and Answers 100% Pass
In Iowa, who administers real estate license law? - ANSWER✔✔-Iowa Real Estate Commission
The members of the Iowa Real Estate Commission are appointed by the - ANSWER✔✔-Governor, subject
to senate approval
The real estate commission has the authority to - ANSWER✔✔-Make and enforce the rules by which all
real estate licensees must abide
The Iowa Real Estate Commission may undertake an investigation of a licensee based on all of the
following grounds EXPECT - ANSWER✔✔-A phone complaint from the public
Which statement about the Iowa Real Estate Commission is true? - ANSWER✔✔-An independent testing
company administers the examinations taken for real estate licensing
The commission has the power to revoke a salesperson's license, if the salesperson - ANSWER✔✔-
deposits a tenant's rental check in his or her own bank account and then writes a personal check to the
landlord
A housing discrimination charge based on a violation of the Iowa Civil Rights Act must be filed with the
Iowa Civil Rights Commission within - ANSWER✔✔-180 Days
A licensee changes his or her personal residence. Which of the following is true? - ANSWER✔✔-The
commission must be notified in writing of a change of residence or mailing address
Copyright ©Stuvia International BV 2010-2024 Page 1/24
,Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024
When the real estate commission sends a Notice of Hearing to a licensee, the notice includes all the
following EXCEPT a - ANSWER✔✔-statement of the possible punishments
If a person cannot find employment as a salesperson in a community, the commission has the authority
to waive the experience requirement and allow the person to take the broker's exam after the candidate
- ANSWER✔✔-completes a required broker pre-licensing education
The Iowa Real Estate Commission can investigate a licensee for all of the following EXCEPT -
ANSWER✔✔-Profession Competency
Regarding errors and omissions insurance, which of the following statements is TRUE? - ANSWER✔✔-
The real estate commission determines the minimum limited of coverage, deductibles, and permissible
exceptions
The real estate commission occasionally receives written complaints that lack clarity and, therefore, may
be refused a hearing. Which of the following is grounds for a hearing? - ANSWER✔✔-Revocation of any
professional license
The mix of licensed and unlicensed members of the real estate commission is - ANSWER✔✔-five licensed
and two unlicensed
A real estate commissioner will server for a term of - ANSWER✔✔-three years
If a salesperson member of the Iowa Real Estate Commission elects to become a broker-associate during
her appointment to the commission she - ANSWER✔✔-may complete her term as a salesperson, but
lose eligibility for reappointment as a salesperson if she is the only salesperson member
The Iowa Real Estate Commission - ANSWER✔✔-member is not allowed to hold any other elective or
appointed state or federal office simultaneously
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, Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024
By state law, the Iowa Real Estate Commission may NOT - ANSWER✔✔-adopt rules to establish title
insurance in Iowa
Members of the commission are entitled to - ANSWER✔✔-Actual expenses plus a stipend for each day of
service
The commission seal is used to authenticate - ANSWER✔✔-the real estate commission's proceedings
and copies of paper used in court
In the preparation of a real estate hearing, the power to execute and sign subpoenas that require the
attendance and testimony of any witness and the handover of any paper or books is given to the -
ANSWER✔✔-The Real Estate Commission
Disobedience to a real estate commission subpoena is considered - ANSWER✔✔-Contempt of court
Witnesses subpoenaed by the Iowa Real Estate Commission are entitled to - ANSWER✔✔-The same fees
and mileage as in judicial proceedings for civil cases
At least annually, the Iowa Real Estate Commission publishes, and mails upon request, the names of all
licensees licensed in Iowa and the names - ANSWER✔✔-of those whose licenses have been suspended
or revoked within the last year
The Iowa Real Estate Education Fund is created as a financial assurance mechanism to assist in providing
an education director and establishing and maintaining a real estate education program at -
ANSWER✔✔-The University of Northern Iowa
The Iowa Real Estate Commission specifically will NOT get involved with a dispute over - ANSWER✔✔-
Commissions between cooperating real estate firms
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