Idaho Real Estate(State Test) UPDATED Exam Questions and CORRECT Answers
6 views 0 purchase
Course
Idaho real estate
Institution
Idaho Real Estate
Idaho Real Estate(State Test) UPDATED
Exam Questions and CORRECT Answers
Protect the public and industry - CORRECT ANSWER- The primary purpose of the Idaho
real estate commission is to:
Idaho real estate commission - CORRECT ANSWER- Initial application for a real estate
license is administr...
Idaho Real Estate(State Test) UPDATED
Exam Questions and CORRECT Answers
Protect the public and industry - CORRECT ANSWER- The primary purpose of the Idaho
real estate commission is to:
Idaho real estate commission - CORRECT ANSWER- Initial application for a real estate
license is administrated by
All licensees - CORRECT ANSWER- Where does the money come from to operate the Idaho
real estate commission
4 - CORRECT ANSWER- The Idaho real estate commission consists of how many member
commissioners
Monthly - CORRECT ANSWER- The Idaho real estate generally meets:
Any pre-license courses - CORRECT ANSWER- Course make-up work is allowed only for:
3 years - CORRECT ANSWER- Pre-license course is must be successfully completed prior
to license application within
10 days - CORRECT ANSWER- Change of personal information be submitted to the IREC
no later than:
Two - CORRECT ANSWER- How many IREC Core classes are required for license renewal
B+ - CORRECT ANSWER- An independent E&O insurance policy must have an A.M. Best
rating of at least:
5.p.m mountain time - CORRECT ANSWER- License renewal must be received no later than
_________ of the expiration date at the commission office in Boise.
,75% - CORRECT ANSWER- What is the minimum pass rate score for a broker taking the
Idaho state exam?
Anyone, with expectation of compensation, were acting for another, offers to list property for
sale - CORRECT ANSWER- Who is required to have a real estate license to practice real
estate?
Offering property management or leasing for another for compensation - CORRECT
ANSWER- An example of an exception to being required to have a real estate license is to:
18 - CORRECT ANSWER- What's the minimum age to secure a real estate license in Idaho?
12 hours plus 2 core - CORRECT ANSWER- Minimum elective hours of continuing
education required to renew a real estate license are:
The last day of licensees birth month - CORRECT ANSWER- When does a real estate
license expire
June 30, 2015 - CORRECT ANSWER- A student, whose birthday is June 5, past their state
exam on April 8, and applied for and received their license on April 18, 2014. When does
their license expire?
Fingerprint results are valid for six months - CORRECT ANSWER- When do initial
fingerprints expire prior to receiving a real estate license
None - CORRECT ANSWER- What type of insurance is required for an inactive real estate
licensee?
90 days from cancellation - CORRECT ANSWER- To be effective, tail coverage for E&O
insurance must be purchased within how many days from cancellation
High school diploma or equivalency - CORRECT ANSWER- What documentation needs to
accompany an application for a real estate license?
Three - CORRECT ANSWER- How many different types of surveys are recognized in Idaho
,Tax Parcell number - CORRECT ANSWER- What type of description will not meet
acceptable standards to transfer property
Township 65 north - CORRECT ANSWER- What township borders Canada
Kuna - CORRECT ANSWER- The 'initial point' (boise meridian) is closest to what
community?
312 miles - CORRECT ANSWER- If the western border is range six W. and the eastern
border is range 46 E. how wide is Idaho
5 - CORRECT ANSWER- Idaho describes a subdivision as a tract of land divided into at
least how many lots for the purpose of sale or development?
Recorded plat - CORRECT ANSWER- A legal description using 'lot and block' is using what
method to describe the parcel?
90 days - CORRECT ANSWER- What period of time does a completed record of survey
need to be filled?
1/2 inch diameter by 2 feet long - CORRECT ANSWER- The minimum size of survey pins
shall not be less than:
Air lots - CORRECT ANSWER- A datum point and subsequent benchmarks are used to
measure:
Annual growing crops - CORRECT ANSWER- An example of 'chattel' is?
Bill of sale - CORRECT ANSWER- Personal property is transferred with what type of
instrument?
State of Idaho - CORRECT ANSWER- Who 'owns' the water in idaho?
, 1/2 acre - CORRECT ANSWER- Domestic water usage for land irrigation is limited to?
13,000 - CORRECT ANSWER- Daily use of the Mestic water is not to exceed how many
gallons per day?
5 years - CORRECT ANSWER- A holder of a water right can lose the water right if not used
for what continuous period of time
Licensed well driller - CORRECT ANSWER- Who is required to notify the Idaho
Department of water resources to abandon a water well?
Idaho Department of water resources - CORRECT ANSWER- Who has the authority to
appropriate ground water recharge?
Certificate of title - CORRECT ANSWER- Unless declared as real property, manufactured
home ownership will be transferred with:
Senior water rights holder - CORRECT ANSWER- If there isn't enough water to satisfy all
the water rights, who gets the water?
Licensed well driller - CORRECT ANSWER- Who can legally drill a water well?
A drilling permit - CORRECT ANSWER- What's required before a well can be drilled?
Personal property - CORRECT ANSWER- If a person filed for and received a water right to
use water from a navigable river, the water right is a unique form of?
Unsecured creditors - CORRECT ANSWER- Homestead protection protects the home or
property from:
$100,000 - CORRECT ANSWER- The maximum net value of the dwelling for homestead
protection is:
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller MGRADES. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $10.49. You're not tied to anything after your purchase.