IOWA REAL ESTATE 2026 EXAM
PREP 200 QUESTIONS AND
VERIFIED ANSWERS
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
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
, 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
PREP 200 QUESTIONS AND
VERIFIED ANSWERS
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
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
, 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
