Iowa Real Estate Practice Exam

Disable ads (and more) with a membership for a one time $2.99 payment

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!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

Who among the following is exempt from Iowa's real estate licensing requirement?

Real estate brokers
Attorneys-at-law
Home inspectors
Property managers

The correct answer is: Attorneys-at-law

Attorneys-at-law are exempt from Iowa's real estate licensing requirement because they are able to engage in real estate transactions as part of their legal practice. This exemption recognizes the legal expertise that attorneys have, allowing them to assist clients with real estate matters without needing to obtain a separate real estate license. This provision acknowledges that attorneys already possess the requisite knowledge of real estate laws and regulations, allowing them to represent clients in transactions, negotiations, and other legal aspects of real estate without the additional licensing process required for real estate professionals. While real estate brokers, home inspectors, and property managers do require licenses to operate in their respective fields in Iowa, attorneys are allowed to carry out real estate-related activities under their legal credentials, thereby streamlining the legal process for their clients.