10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The IA-RES exam has 120 questions and runs 3 hours.
These 10 free IA-RES questions are organized by exam domain, so you can see how each part of the Iowa Real Estate Salesperson Exam blueprint is tested. Reveal the answer and explanation under each question.
A restaurant tenant bolts and plumbs a commercial dishwasher into a leased storefront for use in the business. The lease is silent about the equipment. Two days before the lease expires, the tenant plans to remove the dishwasher and repair the resulting damage. Which statement most accurately applies?
Correct answer: C - The tenant may remove it before lease end and repair any removal damage.
A zoning ordinance permits a single-family home on a parcel but requires a 30-foot side setback. Because the lot is unusually narrow, a parcel-specific hardship makes compliant construction impracticable. The owner is not seeking permission for a prohibited use. The owner should seek:
Correct answer: B - A dimensional variance
An appraiser is valuing a home with a two-car garage. A comparable property sold for $315,000 but has no garage, and verified market data support a $20,000 garage adjustment. With no other material differences, what is the comparable's adjusted indication of value?
Correct answer: D - $335,000
A home is under contract for $300,000, appraises for $288,000, and the requested conventional loan is $240,000. The lender uses the lower of price or appraisal and requires borrower-paid PMI whenever original LTV exceeds 80%. Which result is correct?
Correct answer: A - The LTV is 83.3%, so the lender's PMI requirement is triggered.
A buyer submits a signed $400,000 offer that states it will remain open through Friday. On Wednesday, the seller counters at $410,000. The buyer rejects the counteroffer on Thursday, then signs an 'acceptance' of the original $400,000 offer Friday morning. What is the legal status?
Correct answer: C - No contract formed; the counteroffer ended the original, and Friday's paper is a new offer.
For $750 paid at signing, a seller grants a buyer a written 14-day option to purchase a parcel for $225,000. On day 3, the seller receives a higher offer and attempts to revoke the option. Which conclusion follows?
Correct answer: D - The option remains irrevocable for 14 days; the buyer need not exercise it.
A buyer has signed an exclusive buyer-broker agreement. The seller's listing brokerage agrees to pay the cooperating brokerage at closing. Absent disclosed dual agency, whom does the buyer's broker represent?
Correct answer: A - The buyer; payment source does not determine agency.
A residential radon test reports 4.6 pCi/L. How should a real estate licensee accurately characterize the result to the parties?
Correct answer: B - EPA recommends mitigation at this level, and qualified follow-up is appropriate.
A qualified tenant with a documented disability-related need requests an exception to a no-animal rule for an assistance animal. The owner wants a $300 pet deposit before approving the request. The property manager's lawful response is to:
Correct answer: D - Grant the accommodation without a pet deposit; actual damage may still be charged.
At closing, a buyer receives only a lender's title insurance policy. A covered prepolicy title defect later impairs the buyer's equity, although the lender's lien remains protected. What protection does the buyer personally have under that lender's policy?
Correct answer: A - None; a lender's policy does not insure the owner's equity.
The IA-RES exam also covers these domains. Drill them in the full free practice test:
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