Idaho Real Estate School (Module 1) Exam Test Questions With Revised Correct Answers Revised & Reviewed
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Course
Idaho real estate
Institution
Idaho Real Estate
Idaho Real Estate School (Module 1)
Exam Test Questions With Revised
Correct Answers
Revised & Reviewed
How many IREC core classes are required for a license
renewal? - ANSWER
2
An independent E&O insurance policy must have an A.M. Best
Rating of at least? - ANSWER
B+
...
Idaho Real Estate School (Module 1)
Exam Test Questions With Revised
Correct Answers
Revised & Reviewed
How many IREC core classes are required for a license
renewal? - ANSWER 2
An independent E&O insurance policy must have an A.M. Best
Rating of at least? - ANSWER B+
Licenses Renewal must be received no later than __________
of the expiration date at the Commissions office in Boise? -
ANSWER 5 p.m. Mountain Time
What is the Minimum pass rate score for the broker taking the
Idaho State Exam? - ANSWER 75%
Who is required to have a real estate license to practice real
estate? - ANSWER Anyone, with the expectation of
,compensation, while acting for another, offers to list property
for sale
An example of a exception to being required to have a real
estate license is? - ANSWER Offering property
management or leasing for another for compensation
What's the minimum age to secure a real estate license in
Idaho? - ANSWER 18 years old
Minimum elective hour of Continuing Education required to
renew a real estate license are? - ANSWER 12 Hours plus 2
Core Classes
When does a real estate license expire? - ANSWER The last
day of the licensees birth month
A student, who birthday is June 5, passed their state exam on
April 8, and applied for and received their license on April 18th,
2018, when does their license expire? - ANSWER June 30th,
2019
, When do initial fingerprints expire prior to receiving a real
estate license? - ANSWER Fingerprint results are valid for 6
months
What typer of insurance is required for an inactive real estate
licensee? - ANSWER NONE
What type of insurance is required for an inactive real estate
licensee? - ANSWER NONE
What document needs to be accompany an application for real
estate license? - ANSWER High school diploma or
equivalency
A cooperative license applies to? - ANSWER Commercial
properties
What is an example of commercial real estate? - ANSWER
a Hotel
How many real estate commissioners are there an how long do
they serve? - ANSWER 5
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