Iowa Admin. Code r. 193E-5.3

Current through Register Vol. 47, No. 6, September 18, 2024

Rule 193E-5.3 - License by examination

A nonresident applicant licensed as a real estate salesperson or broker in a state or jurisdiction which does not have a reciprocal licensing agreement or memorandum with Iowa, or an applicant who does not qualify for reciprocal licensing, may be issued a comparable Iowa license by passing the real estate examination under the following circumstances:

(1) Broker. The person has been actively licensed as a broker or broker associate, the person meets all criteria for an Iowa broker's license as provided in rule 193E-3.1 (543B), and the license has not been inactive or expired for more than six months immediately preceding the date of passage of the national portion and Iowa portion of the broker real estate examination.

(2) Salesperson. The person has been actively licensed as a salesperson and the license has not been inactive or expired for more than six months immediately preceding the date of passage of the Iowa portion of the salesperson real estate examination.

(3) The applicant submits a written request for authorization to sit for the appropriate examination.

(4) The applicant submits certification of the applicant's current qualifying license from the licensing authority that issued the license.

Iowa Admin. Code r. 193E-5.3

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