An applicant who applies for a broker's license will submit to
the commission a completed application, license fee, proof of required
education, and test score reports not later than the last working day of the
sixth calendar month following the qualifying real estate examination. As
required by Iowa Code section
543B.15(9), the
completed application must be received within 210 calendar days of the
completion of the criminal history check.
(1)
Application contents.
The applicant for licensure attests to the accuracy of the detailed personal,
financial, and business information concerning the applicant included on the
application.
(2)
License
terms. Real estate broker, salesperson, trade name, branch office, and
firm licenses are issued for a three-year term, counting the remaining portion
of the year issued as a full year. Licenses expire on December 31 of the third
year of the license term. Branch office licenses and trade name licenses are
issued for the remaining portion of the license term of the license to which
each is assigned.
(3)
Denial of application. An application may be denied on the
grounds provided in Iowa Code chapter 543B and in rule
193-7.39 (546,272C). The
administrative processing of an application does not prevent the later
initiation of a contested case to challenge a licensee's qualifications for
licensure.
Notes
Iowa Code r.
193E-3.3
ARC 7765C, IAB
4/17/24, effective 5/22/24
Amended by
IAB
August 2, 2017/Volume XL, Number 03, effective
9/6/2017
Adopted by
IAB
April 17, 2024/Volume XLVI, Number 21, effective
5/22/2024
