Prepare for success in the Idaho real estate broker exam with our comprehensive Q&A package. Covering all essential topics including licensing requirements, agency relationships, state-specific laws, contracts, ethics, and market analysis, this bundle equips you with the knowledge and confidence to...
[Show more]
Which of the following mistakes relates to required elements in an Idaho offer to purchase? Incorrect acknowledgement of representation type In Idaho, a married couple must meet what recording requirement to sell their community real property? Both spouses must be in agreement during the recordin...
Preview 1 out of 4 pages
Add to cartWhich of the following mistakes relates to required elements in an Idaho offer to purchase? Incorrect acknowledgement of representation type In Idaho, a married couple must meet what recording requirement to sell their community real property? Both spouses must be in agreement during the recordin...
An appraisal is an ______ or opinion of value based on supportable evidence and approved methods. estimate A ______ ______ ______ (CMA) is an an analysis of probable value of real estate done by an individual other than an appraiser. A real estate agent (can/cannot) charge for a CMA. Comparable M...
Preview 2 out of 6 pages
Add to cartAn appraisal is an ______ or opinion of value based on supportable evidence and approved methods. estimate A ______ ______ ______ (CMA) is an an analysis of probable value of real estate done by an individual other than an appraiser. A real estate agent (can/cannot) charge for a CMA. Comparable M...
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 Anticipation The value of a pr...
Preview 2 out of 10 pages
Add to cartAppraisal 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 Anticipation The value of a pr...
1x sold
Brokerage The business of bringing people together in a real estate transaction. Type of Real Property - Special Purpose Cemeteries Real Property Real estate, plus the interests, benefits, and rights inherent in the ownership of real estate Bundle of Rights Possession, control, enjoyment, e...
Preview 1 out of 4 pages
Add to cartBrokerage The business of bringing people together in a real estate transaction. Type of Real Property - Special Purpose Cemeteries Real Property Real estate, plus the interests, benefits, and rights inherent in the ownership of real estate Bundle of Rights Possession, control, enjoyment, e...
1x sold
The primary purpose of the Idaho Real Estate Commision is to? Protect the public and industry The initial application for the 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 Id...
Preview 2 out of 11 pages
Add to cartThe primary purpose of the Idaho Real Estate Commision is to? Protect the public and industry The initial application for the 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 Id...
C) a hotel What is an example of commercial real estate? A) A power plant B) a 12 plex apartment complex C) a hotel D) public schools C) 5 serving 4 year terms How many real estate commissioners are there and how long do they serve? A) 2 serving 4 year terms B) 4 serving 5 year terms ...
Preview 3 out of 23 pages
Add to cartC) a hotel What is an example of commercial real estate? A) A power plant B) a 12 plex apartment complex C) a hotel D) public schools C) 5 serving 4 year terms How many real estate commissioners are there and how long do they serve? A) 2 serving 4 year terms B) 4 serving 5 year terms ...
There Are 5 Real Estate Commissioners Serving - Year Terms 4 Does Property Management Require A Real Estate License? No The Max. Penalty For Acting As A Realtor Without A License Is? A $5k Fine/1 Year In Jail Who Monitors The Code Of Ethics? The Nar The Irec Can't Force - To Complete A ...
Preview 2 out of 5 pages
Add to cartThere Are 5 Real Estate Commissioners Serving - Year Terms 4 Does Property Management Require A Real Estate License? No The Max. Penalty For Acting As A Realtor Without A License Is? A $5k Fine/1 Year In Jail Who Monitors The Code Of Ethics? The Nar The Irec Can't Force - To Complete A ...
Equity is defined as a. The purchase price of property less the market value today b. The market value less the purchase price c. The market value less the debt owed d. The purchase price less the debt owed c. The market value less the debt owed What are the owner's rights if their farm...
Preview 4 out of 42 pages
Add to cartEquity is defined as a. The purchase price of property less the market value today b. The market value less the purchase price c. The market value less the debt owed d. The purchase price less the debt owed c. The market value less the debt owed What are the owner's rights if their farm...
Which type of written policy is every broker required to have? Office agency policy What is true regarding an agent's commissions? They are paid from their broker Who are the only 2 unlicensed parties you may share any part of your commissions with: The buyer and seller to the transaction ...
Preview 2 out of 6 pages
Add to cartWhich type of written policy is every broker required to have? Office agency policy What is true regarding an agent's commissions? They are paid from their broker Who are the only 2 unlicensed parties you may share any part of your commissions with: The buyer and seller to the transaction ...
Which of the following statements about electronic transmission of real estate documents is true in Idaho? Electronic transmission laws only apply to transactions between parties where each party to the transaction has agreed to conduct it via electronic means. Brian took out a 15-year loan in Ju...
Preview 2 out of 11 pages
Add to cartWhich of the following statements about electronic transmission of real estate documents is true in Idaho? Electronic transmission laws only apply to transactions between parties where each party to the transaction has agreed to conduct it via electronic means. Brian took out a 15-year loan in Ju...
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 R...
Preview 3 out of 16 pages
Add to cartThe 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 R...
In an office that allows for Limited Dual Agency with Assigned Agents how would the broker herself work with a buyer client to buy and in house listing of one of her agents? She would represent the buyer with Limited Dual without Assigned Agents. Which is true of Limited Dual Agency with Assigned...
Preview 2 out of 7 pages
Add to cartIn an office that allows for Limited Dual Agency with Assigned Agents how would the broker herself work with a buyer client to buy and in house listing of one of her agents? She would represent the buyer with Limited Dual without Assigned Agents. Which is true of Limited Dual Agency with Assigned...
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 cycle Twelve The busin...
Preview 2 out of 13 pages
Add to cartActing 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 cycle Twelve The busin...
Licensing Requirements: Is a High School Diploma a licensing requirement? Yes - High School Diploma is required. How long do you have to wait to attain a new license if you have been suspended, are a felony, relevant misdemeanor convictions for fraud, misrepresentation, or dishonest or dishonorab...
Preview 2 out of 8 pages
Add to cartLicensing Requirements: Is a High School Diploma a licensing requirement? Yes - High School Diploma is required. How long do you have to wait to attain a new license if you have been suspended, are a felony, relevant misdemeanor convictions for fraud, misrepresentation, or dishonest or dishonorab...
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 a year in jail which...
Preview 1 out of 4 pages
Add to carthow 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 a year in jail which...
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 on all pe...
Preview 3 out of 29 pages
Add to cartIn 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 on all pe...
(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 ...
Preview 2 out of 15 pages
Add to cart(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 ...
Protect the public and industryThe primary purpose of the Idaho real estate commission is to: Idaho real estate commissionInitial application for a real estate license is administrated by All licenseesWhere does the money come from to operate the Idaho real estate commission 4The Idaho real estat...
Preview 3 out of 26 pages
Add to cartProtect the public and industryThe primary purpose of the Idaho real estate commission is to: Idaho real estate commissionInitial application for a real estate license is administrated by All licenseesWhere does the money come from to operate the Idaho real estate commission 4The Idaho real estat...
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
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!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
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.
Stuvia is a marketplace, so you are not buying this document from us, but from seller twishfrancis. Stuvia facilitates payment to the seller.
No, you only buy these notes for $25.49. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
67474 documents were sold in the last 30 days
Founded in 2010, the go-to place to buy study notes for 14 years now