Iowa Code
Title XIII - COMMERCE
Chapter 543B - REAL ESTATE BROKERS AND SALESPERSONS

Section 543B.1 - License mandatory. - 543B.1 License mandatory. A person shall not, directly or indirectly,...

Section 543B.2 - Individual licenses necessary. - 543B.2 Individual licenses necessary. A partnership, association, corporation, professional corporation,...

Section 543B.3 - Broker — definition. - 543B.3 Broker — definition. As used in this chapter, “real...

Section 543B.4 - Real estate — definition. - 543B.4 Real estate — definition. As used in this chapter,...

Section 543B.5 - Other definitions. - 543B.5 Other definitions. As used in this chapter, unless the...

Section 543B.6 - Acts constituting dealing in real estate. - 543B.6 Acts constituting dealing in real estate. A person who,...

Section 543B.7 - Acts excluded from provisions — prohibited acts — penalties. - 543B.7 Acts excluded from provisions — prohibited acts — penalties....

Section 543B.8 - Real estate commission created — staff. - 543B.8 Real estate commission created — staff. 1. A real...

Section 543B.9 - Rules. - 543B.9 Rules. The real estate commission may adopt rules to...

Section 543B.12 - Expenses of members — compensation. - 543B.12 Expenses of members — compensation. Members of the real...

Section 543B.13 - Seal — records. - 543B.13 Seal — records. The real estate commission shall adopt...

Section 543B.14 - Fees and expenses. - 543B.14 Fees and expenses. All fees and charges collected by...

Section 543B.15 - Qualifications. - 543B.15 Qualifications. 1. Except as provided in section 543B.20 an...

Section 543B.16 - Application forms. - 543B.16 Application forms. 1. Every applicant for a license shall...

Section 543B.18 - Enforcement of rules. - 543B.18 Enforcement of rules. The real estate commission is expressly...

Section 543B.19 - License denied — hearing. - 543B.19 License denied — hearing. If the real estate commission,...

Section 543B.20 - Examination. - 543B.20 Examination. Examinations for a license shall be given as...

Section 543B.21 - Nonresident license. - 543B.21 Nonresident license. A nonresident of this state may be...

Section 543B.22 - Nonresident’s place of business. - 543B.22 Nonresident’s place of business. A nonresident to whom a...

Section 543B.23 - Actions against nonresidents. - 543B.23 Actions against nonresidents. Every nonresident applicant, before the issuance...

Section 543B.24 - Custody of salesperson’s license. - 543B.24 Custody of salesperson’s license. The license of a real...

Section 543B.25 - Display of license. - 543B.25 Display of license. Repealed by 2017 Acts, ch 71,...

Section 543B.27 - Fees. - 543B.27 Fees. 1. The real estate commission shall set fees...

Section 543B.28 - Expiration of license. - 543B.28 Expiration of license. Every license shall expire in multiyear...

Section 543B.29 - Revocation or suspension. - 543B.29 Revocation or suspension. 1. A license to practice the...

Section 543B.30 - Actions — license as prerequisite. - 543B.30 Actions — license as prerequisite. A person engaged in...

Section 543B.31 - Place of business — branch license. - 543B.31 Place of business — branch license. Every real estate...

Section 543B.32 - Change of location. - 543B.32 Change of location. Notice in writing, electronic or otherwise,...

Section 543B.33 - Salespersons — change of employment or association. - 543B.33 Salespersons — change of employment or association. When any...

Section 543B.34 - Investigations by commission — licensing sanctions — civil penalty. - 543B.34 Investigations by commission — licensing sanctions — civil penalty....

Section 543B.35 - Hearing on charges. - 543B.35 Hearing on charges. The real estate commission shall, upon...

Section 543B.36 - Attendance of witnesses. - 543B.36 Attendance of witnesses. In the preparation and conducting of...

Section 543B.37 - Fees and mileage. - 543B.37 Fees and mileage. Any witnesses so subpoenaed shall be...

Section 543B.38 - Request for witnesses. - 543B.38 Request for witnesses. Any party to any hearing before...

Section 543B.39 - Disobedience to subpoena. - 543B.39 Disobedience to subpoena. In case of a disobedience to...

Section 543B.40 - Depositions. - 543B.40 Depositions. The testimony may be taken by deposition as...

Section 543B.41 - Findings of fact. - 543B.41 Findings of fact. If the majority of the real...

Section 543B.42 - List of licensees. - 543B.42 List of licensees. The real estate commission shall at...

Section 543B.43 - Penalties. - 543B.43 Penalties. Any person found guilty of violating a provision...

Section 543B.44 - Complaints referred to court. - 543B.44 Complaints referred to court. The real estate commission may...

Section 543B.45 - Dual contracts for sale of real property. - 543B.45 Dual contracts for sale of real property. 1. A...

Section 543B.46 - Trust accounts. - 543B.46 Trust accounts. 1. Each real estate broker who is...

Section 543B.47 - Insurance requirement. - 543B.47 Insurance requirement. 1. The real estate commission shall adopt...

Section 543B.48 - Civil penalty amount. - 543B.48 Civil penalty amount. Notwithstanding section 272C.3, licensee discipline may...

Section 543B.49 - Injunctive relief. - 543B.49 Injunctive relief. 1. In addition to the penalty and...

Section 543B.50 - Meetings. - 543B.50 Meetings. The real estate commission shall hold at least...

Section 543B.51 - Public members. - 543B.51 Public members. The public members of the real estate...

Section 543B.52 - Disclosure of confidential information. - 543B.52 Disclosure of confidential information. 1. The commission shall not...

Section 543B.53 - Application of chapter. - 543B.53 Application of chapter. The provisions of this chapter which...

Section 543B.54 - Real estate education fund. - 543B.54 Real estate education fund. Repealed by 2013 Acts, ch...

Section 543B.55 - Disclosure of relationship. - 543B.55 Disclosure of relationship. The real estate commission shall adopt...

Section 543B.56 - Duties of licensees. - 543B.56 Duties of licensees. 1. Duties to all parties in...

Section 543B.56A - Brokerage agreements — purpose — contents. - 543B.56A Brokerage agreements — purpose — contents. 1. The purpose...

Section 543B.57 - Confirmation and disclosure of relationship. - 543B.57 Confirmation and disclosure of relationship. 1. A licensee shall...

Section 543B.58 - Licensees representing more than one client in a transaction. - 543B.58 Licensees representing more than one client in a transaction....

Section 543B.59 - Appointed agents within a firm. - 543B.59 Appointed agents within a firm. 1. Appointed agents. A...

Section 543B.60 - Licensees providing services in more than one transaction. - 543B.60 Licensees providing services in more than one transaction. A...

Section 543B.60A - Prohibited practices — business referral disclosures. - 543B.60A Prohibited practices — business referral disclosures. 1. A licensee...

Section 543B.61 - Violations — real estate commission jurisdiction. - 543B.61 Violations — real estate commission jurisdiction. 1. Failure of...

Section 543B.62 - Changes in common law duties and liabilities of licensees and parties. - 543B.62 Changes in common law duties and liabilities of licensees...

Section 543B.63 - Licensee not considered subagent. - 543B.63 Licensee not considered subagent. A licensee is not considered...

Section 543B.64 - Chapter is not limiting. - 543B.64 Chapter is not limiting. The duties imposed upon persons...

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Iowa Code Title XIII - COMMERCE Chapter 543B - REAL ESTATE BROKERS AND SALESPERSONS

Iowa Code
Title XIII - COMMERCE
Chapter 543B - REAL ESTATE BROKERS AND SALESPERSONS