Iowa Administrative Code
Agency 193E - Real Estate Commission
Chapter 16 - Prelicense Education and Continuing Education
Rule 193E-16.2 - Salesperson Prelicense Criteria
Current through Register Vol. 47, No. 13, December 25, 2024
(1) Mandatory course of study.
Introduction to Real Estate and Iowa License Law ................................. |
12 hours |
Ownership, Encumbrances, Legal Descriptions, Transfer of Title and Closing.......... |
12 hours |
Contracts, Agency and Antitrust ................................................ |
12 hours |
Valuation, Finance and Real Estate Math ......................................... |
12 hours |
Property Management/Leasing, Fair Housing, Environmental Risks and Health Issues .................................................... |
12 hours |
(2) Completion of prelicense education. Successful completion of the salesperson prelicense education includes passage of an examination(s) designed by the approved provider that is sufficiently comprehensive to measure the student's knowledge of all aspects of the course(s). Times allotted for examinations may be regarded as hours of instruction.
(3) Substitution of courses. Written requests for substitution of the salesperson prelicense education courses specified in subrule 16.2(1) may be granted if the applicant submits evidence of successful completion of a course or courses which are substantially similar to the courses specified in subrule 16.2(1). Courses completed more than 12 months prior to commission consideration for approval do not qualify for substitution.