The Iowa Real Estate Commission is authorized to adopt administrative rules that implement Iowa Code Chapter 543B. These rules are codified in which section of the Iowa Administrative Code?
Correct Answer
D) Iowa Administrative Code 193E
The Iowa Real Estate Commission's administrative rules implementing Iowa Code Chapter 543B are codified in Iowa Administrative Code 193E. This is the primary source of detailed operational requirements for Iowa real estate licensees, covering topics such as continuing education, trust accounts, advertising, and agency disclosures.
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Related Topics & Key Terms
Key Terms:
Related Concepts
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.
Florida brokers are required to maintain transaction records and escrow records for a minimum of five years.
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.
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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