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Practice Of Real EstateDisciplinary_actionsMEDIUM

A licensee in Iowa encounters a broker-level sanction is considered. What should the licensee remember?

Correct Answer

B) A broker license may be downgraded to a salesperson license

Iowa Administrative Code 193E-18.14 authorizes downgrading a broker license to a salesperson license. Source basis: Iowa Administrative Code 193E-18.2 and 193E-18.14, plus 193E-21.1/21.2 for unlicensed practice: grounds, investigations, sanctions, civil penalties, voluntary surrender, and unlicensed-person enforcement; checked 2026-04-30.

Answer Options
A
The conduct is harmless because discipline requires a completed closing.
B
A broker license may be downgraded to a salesperson license
C
The Commission has no disciplinary authority over the conduct described.
D
A private brokerage may replace the Commission’s disciplinary process.

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Related Topics & Key Terms

Related Topics:

ia.S3disciplinary_actions

Key Terms:

iowaia.S3disciplinary_actionsdowngrade-license
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