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Practice Of Real EstateLicensing_requirementsEASY

In Iowa, a candidate passed the exam and wants an original Iowa salesperson license. Which statement is correct?

Correct Answer

C) A sponsoring broker must sign the broker certification section for the original salesperson license

The PSI Iowa bulletin says the applicant needs a sponsoring broker signature verifying association with or engagement by that broker. Source basis: Iowa DIAL Real Estate Salesperson and Brokers License by Exam page and PSI Iowa CIB License Application Instructions: 18 at application, FBI check valid 210 days, exam validity through the last working day of the sixth month, E&O, broker certification, and online application; checked 2026-04-30.

Answer Options
A
The requirement applies only to national exam content and not to Iowa licensure.
B
The applicant may ignore the requirement if a client signs a consent form.
C
A sponsoring broker must sign the broker certification section for the original salesperson license
D
A brokerage policy can waive the Iowa licensing requirement for that applicant.

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Related Topics & Key Terms

Related Topics:

ia.S1licensing_requirements

Key Terms:

iowaia.S1licensing_requirementsbroker-certification

Related Concepts

Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.

Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.

Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.

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