Idaho real estate - Study guides, Class notes & Summaries

Idaho Real Estate School (Module 1) Exam Test Questions With Revised Correct Answers Revised & Reviewed 1) If a builder also has an active Idaho real estate license, what must they do when they sell their homes? A) disclose their licensee status on any purchase and sales agreement B) sign an agency representation agreement with their firm C) give themselves the blue agency disclosure brochure D) pay their firm a real estate commission for each closed sale - ANSWER ...

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 Commission Where does the money come from to operate the Idaho Real Estate Commission? - All Licensees The Idaho Real Estate commission consists of how many member commissioners - 5 The Idaho Real Estate Commission generally meets - 6-8 times a year Course make-up work is allowed only for - Any pre-li...

Idaho Real Estate Exam Questions and Answers Already Graded A 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 Commission Where does the money come from to operate the Idaho Real Estate Commission? All Licensees The Idaho Real Estate commission consists of how many member commissioners 5 The Idaho Real Estate Commission generally meets 6-8 times a year Course mak...

Idaho Real Estate School. MOD 1

Idaho Real Estate(State Test) | Latest with complete solution | 2024/25

(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 license? - up to $5,000 and a year in jail (DPREC) Which organization monitors the code of ethics? - NAR (National association of Realtors) (DPREC) Which activity does IREC NOT have authority over? - To force a b...

Idaho Real Estate(State Test) Questions With Complete Answers.

Idaho Real Estate School. MOD 2

Federal and State Exam Terms for Idaho Real Estate (Terms and definitions for the licensing test. Idaho Real Estate School. October 2023) Graded A+

Idaho Real Estate School (Module 1) Exam Test Questions With Revised Correct Answers Revised & Reviewed What is the penalty for working without a license? - ANSWER $5,000 and/or 1 year in jail What is the Real Estate Recovery Fund? - ANSWER On the grounds of fraud, misrepresentation, or deceit, a brokerage is covered How is the Real Estate Recovery Fund funded? - ANSWER Every license cycle (typically 2 birthdays) $20 is charged per licensee What is singl...