Iowa Admin. Code r. 193E-5.12

Current through Register Vol. 47, No. 11, December 11, 2024

Rule 193E-5.12 - [Effective until 5/22/2024] Licensure by verification

A person licensed in another state or jurisdiction may qualify for an Iowa salesperson or broker license through verification by making application as provided in rule 193-14.4 (272C). In addition to all requirements provided by rule 193-14.4 (272C), an applicant for a license through verification shall also submit to the commission proof of passing the Iowa portion of the salesperson or broker real estate examination.

(1)Temporary licenses. Applicants who satisfy all requirements for a license by verification under this rule except for passing the Iowa portion of the salesperson or broker real estate examination may be issued a temporary license that is valid for a period of three months and may be renewed once for an additional period of three months. The applicant must submit proof of passing the Iowa portion of the salesperson or broker real estate examination before the temporary license expires.

(2)License terms. Once the applicant submits proof of passing the Iowa portion of the salesperson or broker real estate examination before the temporary license expires, a license will be 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.

Iowa Admin. Code r. 193E-5.12

Adopted by IAB November 17, 2021/Volume XLIV, Number 10, effective 12/22/2021