IOWA REAL ESTATE LICENSE EXAM REVIEW QUESTIONS AND ANSWERS

The Iowa Real Estate Commission is a regulatory body made up of how many people? 7 The Iowa Real Estate Commission mission is to protect who? The public How many of the The Iowa Real Estate Commission members must be licensed in Iowa? 5 How many years does each of the five members must have as a minimum of real estate experience and the last two of which must have been in iowa? 5 The other 2 members out of the total 7, must not be real estate licensees but still must be Iowa what? residents How long is iowa commission members regular terms? 3 How many total years can each iowa real estate commission member serve? 9 How much is the Iowa real estate state exam fee for a salesperson license? $125 How much is the Iowa real estate state exam fee for a broker's license? $170 Iowa requirements for salesperson and broker applicants must be how old? 18 In iowa, do you have to be a US citizen or resident to get your license? No The applicant must be a person whose application has not been rejected for licensure in Iowa OR any other state within 12 months prior to the date of application AND whose real estate license has not been revoked in Iowa or any other state within 2 years prior to date of application. TRUE OR FALSE TRUE