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Practice Of Real EstateLicense_maintenanceMEDIUM

An Iowa broker reviews a salesperson submits an active renewal. Which answer follows Iowa law?

Correct Answer

C) The renewal application must include proper disclosure of required CE and errors and omissions insurance

Iowa Administrative Code 193E-4.5 requires proper disclosure of continuing education and E&O insurance in the renewal application. Source basis: Iowa DIAL IREC Continuing Education Requirements and Iowa Administrative Code 193E-4.4/4.5/4.6: 36 CE hours, 8 Law Update, 4 Ethics, 24 electives, renewal by Dec. 31, Jan. 30 grace period, inactive renewal and reinstatement rules; checked 2026-04-30.

Answer Options
A
The Commission automatically waives the rule if a renewal reminder is not received.
B
The requirement applies only to brokers and never to Iowa salespersons.
C
The renewal application must include proper disclosure of required CE and errors and omissions insurance
D
The licensee can renew active status without satisfying Iowa renewal requirements.

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Related Topics & Key Terms

Related Topics:

ia.S2license_maintenance

Key Terms:

iowaia.S2license_maintenancerenewal-eo-disclosure

Related Concepts

The National Do Not Call Registry is a federal program administered by the FTC that allows consumers to opt out of receiving unsolicited telemarketing calls, including calls from real estate agents soliciting business.

Brokers in Florida have strict responsibilities for managing escrow accounts, including monthly reconciliation and proper handling of trust funds.

FREC has the authority to impose fines and other disciplinary actions on licensees who violate real estate laws and rules.

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