Exam (elaborations)
Idaho Real Estate (State Test) Questions and Answers 2024
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Idaho Real Estate (State Test)
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Idaho Real Estate (State Test)Protect the public and industry - answerThe primary purpose of the Idaho real estate
commission is to:
Idaho real estate commission - answerInitial application for a real estate license is
administrated by
All licensees - answerWhere does the money come from to operate the Idaho real
estate commission
4 - answerThe Idaho real estate commission consists of how many member
commissioners
Monthly - answerThe Idaho real estate generally meets:
Any pre-license courses - answerCourse make-up work is allowed only for:
3 years - answerPre-license course is must be successfully completed prior to license
application within
10 days - answerChange of personal information be submitted to the IREC no later
than:
Two - answerHow many IREC Core classes are required for license renewal
B+ - answerAn independent E&O insurance policy must have an A.M. Best rating of at
least:
5.p.m mountain time - answerLicense renewal must be received no later than
_________ of the expiration date at the commission office in Boise.
75% - answerWhat 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 - answerWho is required to have a real estate license to practice real
estate?
Offering property management or leasing for another for compensation - answerAn
example of an exception to being required to have a real estate license is to:
,18 - answerWhat's the minimum age to secure a real estate license in Idaho?
12 hours plus 2 core - answerMinimum elective hours of continuing education required
to renew a real estate license are:
The last day of licensees birth month - answerWhen does a real estate license expire
June 30, 2015 - answerA 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 - answerWhen do initial fingerprints expire
prior to receiving a real estate license
None - answerWhat type of insurance is required for an inactive real estate licensee?
90 days from cancellation - answerTo be effective, tail coverage for E&O insurance
must be purchased within how many days from cancellation
High school diploma or equivalency - answerWhat documentation needs to accompany
an application for a real estate license?
Three - answerHow many different types of surveys are recognized in Idaho
Tax Parcell number - answerWhat type of description will not meet acceptable
standards to transfer property
Township 65 north - answerWhat township borders Canada
Kuna - answerThe 'initial point' (boise meridian) is closest to what community?
312 miles - answerIf the western border is range six W. and the eastern border is range
46 E. how wide is Idaho
5 - answerIdaho describes a subdivision as a tract of land divided into at least how
many lots for the purpose of sale or development?
Recorded plat - answerA legal description using 'lot and block' is using what method to
describe the parcel?
90 days - answerWhat period of time does a completed record of survey need to be
filled?
1/2 inch diameter by 2 feet long - answerThe minimum size of survey pins shall not be
less than:
, Air lots - answerA datum point and subsequent benchmarks are used to measure:
Annual growing crops - answerAn example of 'chattel' is?
Bill of sale - answerPersonal property is transferred with what type of instrument?
State of Idaho - answerWho 'owns' the water in idaho?
1/2 acre - answerDomestic water usage for land irrigation is limited to?
13,000 - answerDaily use of the Mestic water is not to exceed how many gallons per
day?
5 years - answerA holder of a water right can lose the water right if not used for what
continuous period of time
Licensed well driller - answerWho is required to notify the Idaho Department of water
resources to abandon a water well?
Idaho Department of water resources - answerWho has the authority to appropriate
ground water recharge?
Certificate of title - answerUnless declared as real property, manufactured home
ownership will be transferred with:
Senior water rights holder - answerIf there isn't enough water to satisfy all the water
rights, who gets the water?
Licensed well driller - answerWho can legally drill a water well?
A drilling permit - answerWhat's required before a well can be drilled?
Personal property - answerIf 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 - answerHomestead protection protects the home or property from:
$100,000 - answerThe maximum net value of the dwelling for homestead protection is:
At least six months out of the year - answerto qualify for homestead protection and
Idaho, the property must be occupied for a continuous period of:
File for abandonment and file a declaration for homestead for the new location -
answerAn owner moves from one permanent residence to another. What must the
owner do to receive homestead protection?
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