Iowa Real Estate Practice Exam

How often must an inactive licensee renew their license?

1. Every year

2. Every five years

3. Every three years

4. Every two years

The correct answer is: Every three years

In Iowa, an inactive licensee must renew their license every three years. This requirement ensures that all real estate professionals remain informed about current laws, regulations, and practices within the industry, even if they are not actively practicing real estate. Keeping the license up to date is essential, as it helps maintain the integrity and professionalism of the field. The other options reflect timeframes that do not align with Iowa's specific regulations for inactive licenses. For instance, a yearly renewal would involve more frequent monitoring than what is required, while five- and two-year periods fall outside the established three-year cycle. Understanding these renewal timelines helps licensees stay compliant and prepared to reactivate their licenses when they choose to return to active practice.