Iowa License Law
Under Iowa Code Chapter 543B, an Iowa real estate licensee who makes a substantial misrepresentation may have their license:
AOnly temporarily suspended for 30 days
BSuspended or revoked after a hearing✓ Correct
CDowngraded from broker to salesperson status
DPlaced on a watchlist without other action
Explanation
Making a substantial misrepresentation is grounds for license suspension or revocation under Iowa Code Chapter 543B, following a disciplinary hearing process.
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