Iowa License Law
In Iowa, a broker who wants to operate as a sole proprietor must:
AObtain an additional business license from the county
BRegister the business with the Iowa Real Estate Commission✓ Correct
CEmploy at least one salesperson
DObtain an errors and omissions insurance policy
Explanation
A broker operating as a sole proprietor in Iowa must register the business with the Iowa Real Estate Commission. The broker's license also serves as the business license for a sole proprietorship.
Related Iowa Iowa License Law Questions
- What is the minimum passing score required on the Iowa real estate salesperson exam?
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