This bill amends Section 543B.16 of the Iowa Code to enhance the license application process for real estate brokers and salespersons. It introduces a new requirement for the application form prepared by the real estate commission, allowing applicants to specify when their new license should take effect. Specifically, individuals holding a real estate broker license applying for a salesperson license, or those with a salesperson license applying for a broker license, can indicate whether their new license will become effective upon approval of the application or upon the expiration of their current license.

The bill aims to provide greater flexibility for applicants in managing their licensing status, ensuring a smoother transition between different types of real estate licenses. The inclusion of this provision reflects an effort to streamline the licensing process and accommodate the needs of real estate professionals in Iowa.

Statutes affected:
Introduced: 543B.16