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Practice Of Real EstateBroker_responsibilitiesMEDIUM

For the Iowa state portion, how should a candidate analyze a salesperson conducts activity on behalf of the broker?

Correct Answer

A) Each salesperson and broker associate keeps the broker fully informed of all activities conducted on behalf of the broker

Iowa Administrative Code 193E-7.11 requires salespersons and broker associates to keep the broker fully informed. 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.

Answer Options
A
Each salesperson and broker associate keeps the broker fully informed of all activities conducted on behalf of the broker
B
The broker can avoid responsibility by labeling all affiliated licensees independent contractors.
C
The Commission treats every compensation dispute as a licensing disciplinary hearing.
D
Broker supervision is relevant only after a lawsuit is filed.

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Related Topics & Key Terms

Related Topics:

ia.S11broker_responsibilities

Key Terms:

iowaia.S11broker_responsibilitieskeep-broker-informed
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