Iowa License Law
The Iowa Real Estate Commission may discipline a licensee for 'misrepresentation.' This means the licensee:
AMade a statement the Commission disagrees with
BMade a false or misleading statement of a material fact to a party in a transaction✓ Correct
CCharged a commission rate higher than average for the market
DDeclined to work with a particular type of property
Explanation
Misrepresentation involves making false or misleading statements of material fact to a party in a transaction. This is a disciplinable offense under Iowa license law and may also give rise to civil liability.
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