Exam (elaborations)

Idaho Real Estate (State Test) Study Guide Solutions

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Course
Real Estate

Institution
Real Estate

Idaho Real Estate (State Test) Study Guide Solutions Protect the public and industry - ANSWER-The primary purpose of the Idaho real estate commission is to: Idaho real estate commission - ANSWER-Initial application for a real estate license is administrated by All licensees - ANSWER-Where doe...

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idaho real estate state test study guide solutio

Institution Real Estate
Course Real Estate

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Copyright © KAYLIN 2024/2025 ACADEMIC YEAR. ALL RIGHTS RESERVED FIRST PUBLISH NOVEMBER, 2024

Idaho Real Estate (State Test) Study Guide

Solutions

Protect the public and industry - ANSWER✔✔-The primary purpose of the Idaho real estate commission

is to:

Idaho real estate commission - ANSWER✔✔-Initial application for a real estate license is administrated

by

All licensees - ANSWER✔✔-Where does the money come from to operate the Idaho real estate

commission

4 - ANSWER✔✔-The Idaho real estate commission consists of how many member commissioners

Monthly - ANSWER✔✔-The Idaho real estate generally meets:

Any pre-license courses - ANSWER✔✔-Course make-up work is allowed only for:

3 years - ANSWER✔✔-Pre-license course is must be successfully completed prior to license application

within

10 days - ANSWER✔✔-Change of personal information be submitted to the IREC no later than:

Two - ANSWER✔✔-How many IREC Core classes are required for license renewal

B+ - ANSWER✔✔-An independent E&O insurance policy must have an A.M. Best rating of at least:

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5.p.m mountain time - ANSWER✔✔-License renewal must be received no later than _________ of the

expiration date at the commission office in Boise.

75% - 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 -

ANSWER✔✔-Who is required to have a real estate license to practice real estate?

Offering property management or leasing for another for compensation - ANSWER✔✔-An example of an

exception to being required to have a real estate license is to:

18 - ANSWER✔✔-What's the minimum age to secure a real estate license in Idaho?

12 hours plus 2 core - ANSWER✔✔-Minimum elective hours of continuing education required to renew a

real estate license are:

The last day of licensees birth month - ANSWER✔✔-When does a real estate license expire

June 30, 2015 - 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 - ANSWER✔✔-When do initial fingerprints expire prior to

receiving a real estate license

None - ANSWER✔✔-What type of insurance is required for an inactive real estate licensee?

90 days from cancellation - ANSWER✔✔-To be effective, tail coverage for E&O insurance must be

purchased within how many days from cancellation

High school diploma or equivalency - ANSWER✔✔-What documentation needs to accompany an

application for a real estate license?

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Three - ANSWER✔✔-How many different types of surveys are recognized in Idaho

Tax Parcell number - ANSWER✔✔-What type of description will not meet acceptable standards to

transfer property

Township 65 north - ANSWER✔✔-What township borders Canada

Kuna - ANSWER✔✔-The 'initial point' (boise meridian) is closest to what community?

312 miles - ANSWER✔✔-If the western border is range six W. and the eastern border is range 46 E. how

wide is Idaho

5 - 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 - ANSWER✔✔-A legal description using 'lot and block' is using what method to describe

the parcel?

90 days - ANSWER✔✔-What period of time does a completed record of survey need to be filled?

1/2 inch diameter by 2 feet long - ANSWER✔✔-The minimum size of survey pins shall not be less than:

Air lots - ANSWER✔✔-A datum point and subsequent benchmarks are used to measure:

Annual growing crops - ANSWER✔✔-An example of 'chattel' is?

Bill of sale - ANSWER✔✔-Personal property is transferred with what type of instrument?

State of Idaho - ANSWER✔✔-Who 'owns' the water in idaho?

1/2 acre - ANSWER✔✔-Domestic water usage for land irrigation is limited to?

13,000 - ANSWER✔✔-Daily use of the Mestic water is not to exceed how many gallons per day?

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5 years - ANSWER✔✔-A holder of a water right can lose the water right if not used for what continuous

period of time

Licensed well driller - ANSWER✔✔-Who is required to notify the Idaho Department of water resources

to abandon a water well?

Idaho Department of water resources - ANSWER✔✔-Who has the authority to appropriate ground water

recharge?

Certificate of title - ANSWER✔✔-Unless declared as real property, manufactured home ownership will be

transferred with:

Senior water rights holder - ANSWER✔✔-If there isn't enough water to satisfy all the water rights, who

gets the water?

Licensed well driller - ANSWER✔✔-Who can legally drill a water well?

A drilling permit - ANSWER✔✔-What's required before a well can be drilled?

Personal property - 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 - ANSWER✔✔-Homestead protection protects the home or property from:

$100,000 - ANSWER✔✔-The maximum net value of the dwelling for homestead protection is:

At least six months out of the year - ANSWER✔✔-to qualify for homestead protection and Idaho, the

property must be occupied for a continuous period of:

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