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When does a real estate license expire in Iowa?

  1. December 31st of the second year

  2. August 31st of the third year

  3. December 31st of the third year

  4. January 1st of the following year

The correct answer is: December 31st of the third year

In Iowa, a real estate license expires on December 31st of the third year after it is issued. This standard allows licensees to maintain their credentials for a substantial period, contingent on their completion of required continuing education courses during that time. By aligning the expiration with the year's end, it simplifies the renewal process and makes it easier for both licensees and licensing authorities to track expiration dates. The other options suggest different years or dates that do not correspond with Iowa’s regulations for real estate license expiration. Understanding this crucial date helps professionals remain compliant with state regulations, ensuring they can continue to practice legally without interruption.