Real Estate > QUESTIONS & ANSWERS > Idaho Real Estate- State Test Prep (All)
Idaho Real Estate- State Test Prep The primary purpose of the Idaho Real Estate commission is to - ANS - Protect the public and industry Initial application for a real estate license is administered... by - ANS - Idaho real estate commissions Where does money come from to operate the Idaho real estate commission? - ANS - All active licensees The Idaho real estate commission consists of how many members commissioners? - ANS - 4 The Idaho real estate commission generally meets - ANS - Monthly Course makeup work is allowed only for - ANS - Any pre license courses Pre license courses must be successfully completed prior to license application within - ANS - Three years Change of personal information must be submitted to the Idaho real estate commission no later than - ANS - 10 days How many Idaho real estate commission core classes are required for license renewal - ANS - Two An independent E & O insurance policy must have an a.m. best rating of at least - ANS - B+ License renewal must be received no later than blank of the expiration date at the commission office in Boise - ANS - 5 PM mountain time What is the minimum pass rate score for for a broker taking the Idaho state exam - ANS - 75% Who is required to have a real estate license to practice real estate - ANS - Anyone with the expectation of compensation while acting for another offers to list property for sale An example of an exception to being required to have a real estate license is - ANS - Offering property management or leasing for another for compensation What is the minimum age to secure a real estate license in Idaho - ANS - 18 Minimum elective hours of continuing education required to renew a real estate license are - ANS - 12 hours plus 2 core When does a real estate license expire - ANS - The last day of licensees birth month A student whose birthday is June 5 past their state exam on Google and applied for and received their license on April 18, 2014 when does their license expire - ANS - June 30, 2015 When do initial fingerprints expire prior to receiving a real estate license - ANS - Fingerprint results are valid for six months What type of insurance is required for an in active real estate licensee - ANS - None To be effective tail coverage for E & O insurance must be purchased within how many days from the cancellation - ANS - 90 days from cancellation What document needs to accompany an application for a real estate license - ANS - High school diploma or equivalency How many different types of surveys are [Show More]
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