IDAHO REAL ESTATE

(DPREC) How many real estate commissioners are there and how long do they serve? - ️️4 serving 4 year terms (DPREC) Which activity does not require a real estate license? - ️️Property management (DPREC) What is the maximum penalty for brokering a real estate deal without a licens...

Appraisal - ️️The process of estimating and supporting an opinion of value as of a certain date. Market Value - ️️A real estate appraiser estimates the market value or fair market value 4 Characteristics of Demand - ️️1. Demand 2. Utility 3. Scarcity 4. Transferability Antici...

The primary purpose of the Idaho Real Estate commission is to - ️️Protect the public and industry Initial application for a real estate license is administered by - ️️Idaho real estate commissions Where does money come from to operate the Idaho real estate commission? - ️️All activ...

how many real estate commissioners are there and how long do they serve? - ️️5 serving 4 year terms which activity does not require a real estate license? - ️️Property management what is the maximum penalty for brokering a real estate deal without a license? - ️️up to $5,000 and or...

equity is defined as - ️️the market value less the debt owed what are the owners rights if their farm zoning is changed by the county to single family residential ? - ️️their old use continues through non conforming use. which police power allows a city to forcibly purchase a vacant lo...

In Idaho, a written notice is required before rent can be increased. On all periodic tenancies, the written notice must be given prior to the date the rent increase is to become effective and at least how many days before the end of the term? - ️️The landlord must give 15 days' written notice o...

Abstract of Title - ️️The condensed history of a title to a particular parcel of real estate, consisting of a summary of the original grant and all subsequent conveyances and encumbrances affecting the property - certification by the abstractor that the history is complete and accurate. 213 A...

Acting in the capacity of a broker or ____________ requires a license - ️️Salesperson Failure to keep adequate _______________ is an IREC violation - ️️Records The REALTORS is this type of Association - ️️Trade This amount of CE elective credit hours are required every license c...