Iowa License Law

The Iowa Real Estate Commission is authorized to take disciplinary action against a licensee for which of the following?

ARepresenting clients in other states without notifying IREC
BFailing to properly supervise salespersons✓ Correct
CCharging commissions below market rates
DRepresenting both buyers and sellers in different transactions

Explanation

Iowa Code Chapter 543B authorizes the IREC to discipline brokers who fail to properly supervise their licensed salespersons, as the broker is responsible for the professional conduct of their licensees.

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