200+ Free IA Real Estate Practice Questions
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Key Facts: IA Real Estate Exam
120 Q
Exam Length
PSI IA salesperson candidate bulletin
80 + 40
National + State Split
PSI IA salesperson candidate bulletin
70%
Passing Score (Both Portions)
Iowa IPLB
96 hrs
Pre-License Education
IPLB licensing requirements
$95
PSI Exam Fee
PSI IA fee schedule
36 hrs/3yr
CE Renewal Requirement
Iowa IPLB
Iowa requires 96 hours of pre-license education before taking the salesperson exam. The PSI exam has 120 questions (80 national + 40 state) with 70% required on both portions. The Iowa Professional Licensing Bureau (IPLB) oversees real estate licensing, having replaced the former Iowa Real Estate Commission for administrative purposes. Iowa mandates written agency disclosure at the first substantive contact, requires trust account deposits within 5 banking days, and has specific rules for agricultural land transactions and drainage districts.
About the IA Real Estate Exam
The Iowa real estate salesperson exam covers national real estate fundamentals plus Iowa-specific topics including IPLB licensing regulations, agency disclosure requirements, trust account management, Iowa Real Estate Commission rules, seller disclosure obligations, and Iowa-specific property law including drainage districts and agricultural land considerations.
Questions
120 scored questions
Time Limit
3 hours total
Passing Score
70% on both portions
Exam Fee
$95 (IA IPLB / PSI)
IA Real Estate Exam Content Outline
IPLB Licensing & Education
IPLB structure, Iowa Real Estate Commission role, 96-hour pre-license education, license types (salesperson, broker), CE (36 hrs/3 years), license renewal process
IA Agency & Disclosure
Agency disclosure at first substantive contact, buyer agency, seller agency, dual agency consent, designated agency, agency termination, fiduciary duties
IA Contracts & Closing
Purchase agreements, offer and acceptance, trust account rules (5 banking days), earnest money, closing procedures, title evidence, abstract of title tradition
IA Property Regulations
Seller disclosure requirements, Iowa residential property disclosure, agricultural land considerations, drainage districts, property tax credits, lead paint disclosure, fair housing
How to Pass the IA Real Estate Exam
What You Need to Know
- Passing score: 70% on both portions
- Exam length: 120 questions
- Time limit: 3 hours total
- Exam fee: $95
Keys to Passing
- Complete 500+ practice questions
- Score 80%+ consistently before scheduling
- Focus on highest-weighted sections
- Use our AI tutor for tough concepts
IA Real Estate Study Tips from Top Performers
Frequently Asked Questions
How many questions are on the Iowa real estate salesperson exam?
The IA exam has 120 total questions: 80 national and 40 state-specific, with 3 hours total time. You must score at least 70% on both portions ā 56/80 national and 28/40 state. PSI administers the exam at testing centers throughout Iowa.
What is the IPLB and how does it regulate real estate in Iowa?
The Iowa Professional Licensing Bureau (IPLB) is the state agency responsible for administering real estate licensing in Iowa. The Iowa Real Estate Commission, which operates under IPLB, sets policy and hears disciplinary matters. IPLB handles application processing, license renewals, and exam eligibility verification.
How much pre-license education is required in Iowa?
Iowa requires 96 hours of approved pre-license education to sit for the salesperson exam. Courses must be completed through IPLB-approved providers and typically cover real estate principles, practices, and Iowa-specific law. Coursework must be completed within 2 years of applying for a license.
What are Iowa's agency disclosure requirements?
Iowa requires written agency disclosure at the first substantive contact with a buyer or seller. Licensees must explain the types of agency relationships available (buyer agency, seller agency, dual agency, designated agency) and obtain written acknowledgment before providing services.
What is unique about Iowa real estate regarding agricultural land?
Iowa has specific regulations for agricultural land transactions, including restrictions on corporate ownership of farmland under the Iowa Agricultural Areas Act. Drainage districts affect many rural properties, and licensees must understand how drainage assessments and easements impact property values and transfers.