Except as provided in section 543B.20 an applicant for a real estate broker's or salesperson's license must be a person whose application has not been rejected for licensure in this or any other state within six months prior to the date of application, and whose real estate license has not been revoked in this or any other state within two years prior to date of application.
To qualify for a license as a real estate broker or salesperson a person shall be eighteen years or over. However, an applicant is not ineligible because of citizenship, sex, race, religion, marital status or national origin, although the application form may require citizenship information. The real estate commission may consider the past felony record of an applicant only if the felony conviction relates directly to the practice of real estate selling. Character references may be required but shall not be obtained from licensed real estate brokers or salespersons.
To qualify for a license as a real estate broker, a person shall complete at least sixty contact hours of commission approved real estate education within twenty-four months prior to taking the broker examination. This education shall be in addition to the required salesperson prelicense course. The applicant shall have been a licensed real estate salesperson actively engaged in real estate for a period of at least twenty-four months preceding the date of application, or shall have had experience substantially equal to that which a licensed real estate salesperson would ordinarily receive during a period of twenty-four months, whether as a former broker or salesperson, a manager of real estate, or otherwise. However, if the commission finds that an applicant could not acquire employment as a licensed real estate salesperson because of conditions existing in the area where the person resides, the experience requirement of this paragraph may be waived for that person by the commission.
A qualified applicant for a license as a real estate salesperson shall complete a commission approved short course in real estate education of at least thirty hours during the twelve months prior to taking the salesperson examination.
[C31, 35, § 1905-c30; C39, § 1905.27; C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 117.15; 81 Acts, ch 54, § 6, 7]
85 Acts, ch 82, §1 ~IC93, § 543B.15
Referred to in § 543B.28, 543B.43
Iowa General Assembly
Search: Iowa Code 1995
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