Bill > SF15

This bill modifies the license application process for real estate professionals in Iowa by requiring that the real estate commission's application form provide a new option for applicants who already hold either a broker or salesperson license. Specifically, when an existing licensee applies for a different type of license (from broker to salesperson, or vice versa), they can now choose whether their new license will become effective immediately upon application approval or only after their current license expires. This change provides more flexibility for real estate professionals transitioning between license types, allowing them to better manage the timing of their professional licensing status. The bill amends Section 543B.16 of the Iowa Code for the year 2025, adding a new subsection that establishes this application form requirement, which aims to give licensees more control over their professional licensing transitions.

Government Affairs

https://www.legis.iowa.gov/legislation/BillBook?ga=91&ba=SF15