Iowa Real Estate Exam Practice Questions (2025)

Iowa's salesperson exam has 40 state-specific questions administered by PSI under Iowa Code Chapter 543B. These practice questions focus on the high-frequency Iowa topics: buyer agency agreements, seller disclosure, Iowa Real Estate Commission (IREC) rules, and agency law.

Iowa Practice Questions

1. Iowa's real estate salesperson exam consists of how many total questions?

A) 100 B) 110 C) 120 D) 140

Answer: C — 120 questions. Iowa's PSI exam is 80 national + 40 state questions, for a total of 120. Passing requires 70% on each section.

2. Under Iowa law, a buyer's agent must obtain a written buyer agency agreement:

A) Before showing any property B) Before submitting an offer C) At first substantive contact D) Iowa requires it before working with buyers at all

Answer: D — Iowa law requires a written buyer agency agreement before an agent begins working with a buyer. This is one of Iowa's most unique and frequently tested requirements. Iowa is one of the few states with a mandatory written buyer agency agreement.

3. The Iowa Real Estate Commission (IREC) is composed of how many members?

A) 3 B) 5 C) 7 D) 9

Answer: B — 5 members. The Iowa IREC is a 5-member commission operating under the Iowa Professional Licensing Bureau (PLB).

4. Iowa's salesperson prelicense education requirement is:

A) 30 hours B) 60 hours C) 90 hours D) 120 hours

Answer: B — 60 hours. Iowa requires 60 hours of approved prelicense coursework before a candidate can sit for the PSI exam.

5. Iowa salesperson licenses are renewed every:

A) 1 year B) 2 years C) 3 years D) 4 years

Answer: C — 3 years. Iowa uses a 3-year renewal cycle, with 36 hours of CE required per cycle — one of the higher CE requirements in the country.

6. Iowa's Seller's Disclosure requirement applies to:

A) All real property sales B) Commercial properties only C) 1-4 unit residential properties D) New construction only

Answer: C — 1–4 unit residential properties. Iowa's Seller's Disclosure requirement applies to residential 1-4 unit properties and must be provided before or at the time of the purchase agreement.

7. Which of the following is a protected class under Iowa fair housing law but NOT under the federal Fair Housing Act?

A) Race and color B) Sexual orientation, gender identity, and source of income C) Familial status and disability D) National origin and religion

Answer: B — Sexual orientation, gender identity, marital status, and source of income. Iowa adds these classes to the federal list of seven protected classes.

8. Iowa Code Chapter 543B governs:

A) Property tax assessments B) Real estate licensing and practice C) Landlord-tenant relationships D) Zoning and land use

Answer: B — Real estate licensing and practice. Chapter 543B is the Iowa statute that licensees must know for the state exam section.

9. Iowa is best described as which of the following?

A) A community property state B) A title theory mortgage state C) A lien theory mortgage state where both deeds of trust and mortgages are used D) A pure deed of trust state

Answer: C — Iowa uses both deeds of trust and mortgages; it is a lien theory state and NOT a community property state.

10. A buyer's agent in Iowa who fails to obtain a written buyer agency agreement before working with a buyer is:

A) Permitted if both parties agree verbally B) In violation of Iowa law C) Required only to get written agreement before offer submission D) Exempt if the transaction closes within 30 days

Answer: B — In violation of Iowa law. Iowa's mandatory written buyer agency agreement requirement is strict and is a high-frequency exam topic.

Keep Practicing

These questions cover the most tested Iowa-specific topics. For the full Iowa practice question bank visit [CARealestate.com/states/iowa](https://carealestate.com/states/iowa) — 5 free questions, no signup needed.