Iowa Real Estate Practice Exam

What authority does the Iowa Real Estate Commission have during hearings?

1. To dismiss all cases

2. To determine property ownership

3. To execute subpoenas

4. To establish commission rates

The correct answer is: To execute subpoenas

The Iowa Real Estate Commission has the authority to execute subpoenas during hearings. This power allows the Commission to compel witnesses to testify and to require the production of documents relevant to the investigation or proceedings. The ability to issue subpoenas is crucial as it ensures that the Commission can gather necessary evidence and information to perform its regulatory functions effectively. It is a critical tool in maintaining oversight and enforcing real estate laws in Iowa. The other choices refer to abilities that are outside the scope of the Commission's powers. For example, dismissing all cases would not reflect a fair hearing process, as the Commission must consider the merits of each case individually. Determining property ownership falls under the jurisdiction of the courts, not an administrative body like the Commission. Establishing commission rates involves market dynamics and agreements between parties rather than a regulatory decision made by the Commission. Therefore, the authority to execute subpoenas is what distinguishes the Commission's role in hearings.