Iowa Real Estate Exam Prep

IA Salesperson Practice Exam

Our Iowa Real Estate Exam Preparation guide will have you quickly prepared for your upcoming Salesperson License Exam. We have helped license over 50,000 students with an exam pass rate of over 95%. The practice exam questions and answers were created by industry experts and are constantly updated to Iowa’s licensing requirements. We stand by our real estate practice exams and offer an exam pass guarantee.

Give Me Access to Iowa Real Estate Exam Prep

90 Day Money Back Guarantee On Our Real Estate Exam Prep

What Do I Get with the Iowa Real Estate Exam Prep?

Instant Access to All Exam Prep Materials
A 100 Percent Money-Back Guarantee that You Will Pass
90 Days of Access to the System
Committed Customer Support
All Materials Updated for 2018 Regulations

Instant Results

Instant results on each question so you know your strength's and weaknesses!

Instant Results
Works on Any Device
Easy to Use

How Our System Works



Get Access to Real Estate Prep Guide	Study and Improve on Your Weak Areas	Pass Your Exam!

Get Access to Real Estate Prep Guide

Study and Improve on Your Weak Areas

Pass Your Exam!

Iowa Sample Practice Real Estate Exam Questions and Answers

Iowa State Section

Please wait while the activity loads.
If this activity does not load, try refreshing your browser. Also, this page requires javascript. Please visit using a browser with javascript enabled.

If loading fails, click here to try again

Click on the button below to "Start" your practice exam now. Leaving the page and or closing the browser now or at any moment during the exam will reset your answers. You can always go back and retake any practice test. You can also go over your answers at any moment during the practice test by clicking "List" and picking one of the questions that interests you.

Start

Congratulations - you have completed Iowa State Section. You scored %%SCORE%% out of %%TOTAL%%. Your performance has been rated as %%RATING%%

Your answers are highlighted below.

Question 1

Does Iowa have homestead laws?

A	No
B	Yes

Question 2

The license law is administered by

A	Iowa Department of Real Estate
B	Commission of Real Estate in Iowa
C	Iowa Real Estate Commission
D	Department of Iowa Real Estate

Question 3

Standing trees would be considered

A	Emblements
B	Personal Property
C	Chattels
D	Real property

Question 4

Does Iowa have dower laws?

A	Yes
B	No

Question 5

You must be at least ___ years old to obtain a salesperson license.

A	20
B	21
C	19
D	18

Question 6

Which of the following would not put a sales person in jeopardy of losing their license in Iowa?

A	Convicted of a felony.
B	Placing an ad claiming to be a broker when they are not one.
C	Being authorized to accept and excessive commission.
D	Depositing their clients' escrow money into a personal account

Question 7

Which of the following is required for an applicant to receive a Real Estate License?

A	Must be 25 or older
B	Must sit and pass the required exam
C	Must have a Bachelors degree
D	Must have lived in the state for more than a year

Question 8

Which tenancies does Iowa allow?

A	Neither
B	Both
C	Tenancy by the Entirety
D	Joint Tenancy

Question 9

Which of the following is not a state that participates in reciprocity with Iowa?

A	Georgia
B	Massachusetts
C	Louisiana
D	New York

Question 10

What is a holographic will?

A	a will and testament that has been entirely handwritten and signed by the testator.
B	a standard boiler plate will.
C	a will that has been approved by each family member.
D	a will that displays in 3D

Question 11

How many hours are required?

A	24
B	60
C	40
D	12

Question 12

How soon can a broker receive a commission check after a closing in Iowa?

A	Once the seller agrees to the price.
B	When the Buyer moves in.
C	Once the offer sheet is signed.
D	After the transaction is completed and funded.

Question 13

How often is Continuing Education due?

A	Every 2 years
B	Every year
C	Every 4 years
D	Every 3 years

Question 14

Is Iowa a community property state?

A	Yes
B	No

Question 15

Which of the following isn't part of a deed?

A	Habendum
B	novation
C	acknowledgement
D	Premises

Question 16

A Salesperson license fee is

A	$175
B	$150
C	$101
D	$100

Question 17

In what circumstances, if any, can a broker in Iowa who is serving as an intermediary representing both parties collect compensation from both the buyer and the seller?

A	In most circumstances, except when the buyer and seller are related
B	Only when both buyer and seller have legal representation
C	None; the broker may only collect compensation from one party to a transaction
D	Only when both buyer and seller give informed consent to this arrangement

Question 18

What is homestead protection?

A	Gradual subsidence of waters, leaving dry land
B	The estimated value that an asset will have at then end of it's useful life
C	The status provided to a home owner's principal residence that protects the home against judgement up to a specified amount.
D	Net cash remaining to investor after sale of investment property

Question 19

What term means "going to the state?"

A	Eminent Domain
B	escheat
C	police power
D	Taxation

Question 19 Explanation:

Escheat is if someone dies and there is no one to inherit or no will the property goes to the state.

Question 20

Which is not necessary for a valid contract?

A	due date
B	acceptance
C	offer
D	legal object

Question 21

Which of the following is a landlord's option for a tenant not paying rent?

A	unlawful detainer action in court
B	shutoff the gas
C	lock the tenant out of the apartment
D	shut off the power

Question 22

Does Iowa allow reciprocity with other states?

A	No
B	Yes

Question 23

Mortgage "discount" points only apply if which of the following conditions are met?

A	The interest rate on the mortgage loan has been lowered by 1% for each point charged
B	The loan does not close and the buyer owes the lender for services rendered
C	The interest rate on the mortgage loan has been lowered by 2% for each point charged
D	The seller has agreed to pay 1% of the closing costs

Question 24

Whom is responsible for maintaining a habitable property and for complying with local housing and building codes?

A	Agent
B	Lessor
C	Lessee
D	Buyer

Question 25

Does Iowa allow holographic wills?

A	Yes
B	No

Once you are finished, click the button below. Any items you have not completed will be marked incorrect. Get Results

There are 25 questions to complete.

List

Return

Shaded items are complete.

1	2	3	4	5
6	7	8	9	10
11	12	13	14	15
16	17	18	19	20
21	22	23	24	25
End

Return

Iowa Real Estate Exam Prep

IA Salesperson Practice Exam

What Do I Get with the Iowa Real Estate Exam Prep?

Instant Results

How Our System Works

Iowa License Requirements

Iowa Reciprocal Agreements

Iowa Sample Practice Real Estate Exam Questions and Answers

Iowa State Section

Pick a state where you're taking your Real Estate Exam:

Pick a state where you're taking your Real Estate Broker Exam: