An Iowa salesperson asks about a person actively licensed with one Iowa broker wants to support a licensee at another broker. What is the best answer?
Correct Answer
D) An individual actively licensed with one firm or broker cannot work as support personnel for a licensee affiliated with another firm or broker
Iowa Administrative Code 193E-7.13 bars actively licensed individuals from serving as support personnel for another firm’s licensee. Source basis: Iowa Administrative Code 193E-7.13 through 7.15: support personnel supervision, written policy, permitted and barred activities, limited information sharing, and purchase-agreement presentation; checked 2026-04-30.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
License requirements are the mandatory qualifications—including pre-licensing education, examination, and background checks—that a person must satisfy before legally practicing real estate. These requirements are established and enforced by each state's real estate commission.
Market allocation is an illegal antitrust practice in which competing real estate brokerages agree to divide markets among themselves by geographic area, property type, or price range, thereby eliminating competition.
Price fixing is an illegal antitrust practice in which competing real estate brokerages agree to charge the same commission rates, fees, or other pricing for their services. It is a per se violation of the Sherman Antitrust Act.
More Practice Of Real Estate Questions
In Wyoming real estate practice, an associate broker or salesperson is not associated with a responsible broker at renewal. What should the licensee remember?
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A Wyoming licensee is reviewing an out-of-state salesperson applicant prepares for testing. What is the best answer?
In Wyoming real estate practice, a salesperson applicant age is reviewed. What should the licensee remember?
A responsible broker in Wyoming asks about a nonresident applicant provides home-state evidence. Which answer follows Wyoming law?
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