Iowa License Law
In Iowa, the Real Estate Commission may accept a 'consent order' (settlement agreement) from a licensee under investigation. This means:
AThe licensee admits guilt and loses their license permanently
BThe parties reach a negotiated settlement that avoids a formal hearing✓ Correct
CThe consumer receives automatic monetary compensation
DThe Commission dismisses all charges without any penalty
Explanation
A consent order (or consent agreement) is a negotiated settlement between the Iowa Real Estate Commission and a licensee under investigation. It allows the parties to resolve disciplinary matters without a formal hearing, often resulting in agreed-upon penalties or remedial actions.
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