Iowa Code r. 193E-3.2 - License examination

Examinations for licensure as a real estate broker are conducted by the commission's authorized representative.

(1) Testing service. The commission will negotiate an agreement with a testing service relating to examination development, test scheduling, examination sites, grade reporting and analysis. The commission approves the form, contract, and method of administration. The examination is conducted in accordance with approved procedures formulated by the testing agency. Applicants register and pay examination fees directly to the testing service.

(2) Requests for waiver. The commission will consider each request for a waiver of commission rules or of the qualifications for licensure on an individual basis. The commission may require additional supporting information. If the applicant's experience or prelicense education is found to be less than equivalent to the statutory requirement, the commission may suggest methods of satisfying the deficiency. If a waiver is granted, the applicable examination must be passed before the end of the sixth month following the date of the waiver.

(3) Eligibility to sit for examination. An individual may only sit for the examination after meeting the qualifications set out in Iowa Code section 543B.15. An examinee is obligated to show one of the following at the examination site:

a. Evidence that prelicense education has been completed within the last two years.

b. The letter from the commission granting a waiver of prelicense education.

c. A written authorization from the commission for individuals planning to qualify under rule 193E-5.3 (543B) or 193E-5.12 (543B).

d. A written authorization from the commission for individuals planning to seek reinstatement of an expired license.

(4) Failure to pass examination. An examinee who takes an examination and fails is eligible to apply to retake the examination at any time the examination is offered by filing a new registration form and paying the examination fee, unless the qualifying time period for the prelicense education or granted waiver has expired.

Notes

Iowa Code r. 193E-3.2

ARC 7765C, IAB 4/17/24, effective 5/22/24

Amended by IAB August 2, 2017/Volume XL, Number 03, effective 9/6/2017 Amended by IAB November 17, 2021/Volume XLIV, Number 10, effective 12/22/2021 Adopted by IAB April 17, 2024/Volume XLVI, Number 21, effective 5/22/2024