Real Estate Commission Flashcards
1
Q
What is the mission of commission
A
To protect the public
2
Q
Commission has how many members?
A
7
3
Q
How many licensed members?
A
5 members, one must be salesperson, all actively licensed for 5 years last 2 in Iowa
4
Q
Appointed by…
A
Governor
5
Q
Confirmed by…
A
Senate
6
Q
Commission disputes are handled…
A
Broker to broker, commissions can not be involved
7
Q
Petition for declaratory ruling
A
The right to file a petition with the Iowa real estate commission if they disagree or would like an explanation on a statute,rule, policy, or decision
8
Q
What is the list of licensees for that commission prepares? How often do they do it?
A
It’s a list of licensees who’s license has been revoked or suspended within one year
They do it at least once a year
