A licensee in Iowa encounters a licensee wants to rent, lease, list, negotiate, or show property for rental. What should the licensee remember?
Correct Answer
B) The broker must hold a current written property management agreement or other written authorization signed by the owner or authorized agent
Iowa Administrative Code 193E-15.1 requires written property management authority before covered rental or leasing activity. Source basis: Iowa Administrative Code 193E-15.1: property management written authorization, required agreement terms, copies, sale/listing authority, trust-account deposits, termination notices, owner funds, and final accounting; checked 2026-04-30.
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