An Iowa broker reviews the Commission evaluates designated broker supervision. Which answer follows Iowa law?
Correct Answer
C) Availability of the designated broker or designee to assist and advise is a supervision factor
Iowa Administrative Code 193E-7.10 lists designated broker availability as a supervision factor. Source basis: Iowa Administrative Code 193E-7.7, 7.10, 7.11, 7.12, and 7.15: progress reports, designated broker supervision factors, salesperson/broker associate supervision, compensation controversies, and prompt presentation of offers; checked 2026-04-30.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
A tie-in arrangement is an illegal antitrust practice in which a seller conditions the purchase of one product or service on the buyer's agreement to purchase a separate product or service.
A trust account, also called an escrow account, is a separate bank account maintained by a broker to hold funds belonging to others, such as earnest money deposits, security deposits, or other client funds.
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
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