Iowa Real Estate Practice Exam

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Study for the Iowa Real Estate Exam. Utilize flashcards and multiple-choice questions, complete with hints and explanations for each query. Prepare effectively for your exam!

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If a licensee changes their residence, what must they do?

Notify the commission in person
Send verbal notice to the commission
Notify the commission in writing
Submit a form through their broker

The correct answer is: Notify the commission in writing

When a licensee changes their residence, it is essential for them to notify the commission in writing. This requirement ensures that the commission maintains accurate and up-to-date records regarding each licensee's contact information. Written notification is formal documentation that serves as proof of the change, which is crucial for regulatory compliance and for any necessary communication from the commission to the licensee. Other options may involve informal or incomplete processes. For instance, notifying in person, sending verbal notice, or submitting through a broker could lead to misunderstandings or lack of proper documentation. The requirement for written notification helps safeguard against these issues by ensuring that a clear, verifiable record of the address change is maintained. This is vital for legal and professional reasons within the real estate industry.