Iowa Real Estate Practice Exam

If a salesperson member of the commission becomes a broker-associate during her term, what happens?

1. She may complete her term as a salesperson but loses eligibility for reappointment as a salesperson if she is the only salesperson member

2. She must resign immediately from the commission

3. She can continue her role as a commissioner regardless of her new position

4. She automatically becomes ineligible for any real estate roles

The correct answer is: She may complete her term as a salesperson but loses eligibility for reappointment as a salesperson if she is the only salesperson member

The situation presented involves a salesperson member of a commission transitioning to a broker-associate role while still serving in their capacity as a commissioner. In this context, the correct outcome is that the individual may complete her term as a salesperson but loses eligibility for reappointment as a salesperson if she is the only salesperson member on the commission. This is due to the fact that eligibility for reappointment typically hinges on maintaining the required credentials for the position one holds. Since a broker-associate holds different responsibilities and qualifications than a salesperson, the individual would not qualify for reappointment as a salesperson if that position is to remain filled by only one member. Furthermore, the rules surrounding specific commission memberships often necessitate a balance of roles to ensure functionality and compliance with state regulations. Thus, while she can finish her current term in her existing role, her new status as a broker-associate restricts her future ability to serve in the role of a salesperson on the same commission. This context clarifies why the other options do not apply: resignation is not necessary unless required by specific policy (which is not the case here), continuing as a commissioner in her new role is not typical due to differing responsibilities, and she does not become ineligible for all real estate roles based solely