An Iowa broker reviews a property management fee will be charged. Which answer follows Iowa law?
Correct Answer
A) The agreement must state the amount of fee or commission and when it will be paid
Iowa Administrative Code 193E-15.1 requires the management fee or commission and payment timing in the agreement. 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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