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IDAHO REAL ESTATE LICENSE LAW
Law
Idaho Code
PROFESSIONS, VOCATIONS, AND BUSINESSES
IDAHO REAL ESTATE LICENSE LAW
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Section
54-2001
SHORT TITLE.
Section
54-2002
LICENSURE REQUIRED.
Section
54-2003
EXCEPTIONS TO LICENSURE — ACTIVE LICENSEES — TRANSACTIONS INVOLVING PERSONAL PROPERTY.
Section
54-2004
DEFINITIONS.
Section
54-2005
THE IDAHO REAL ESTATE COMMISSION.
Section
54-2006
QUALIFICATIONS OF COMMISSIONERS — TERM AND ORGANIZATION.
Section
54-2007
COMPENSATION, POWERS AND DUTIES OF COMMISSION.
Section
54-2008
ESTABLISHMENT OF IDAHO REAL ESTATE EDUCATION COUNCIL.
Section
54-2009
COUNCIL APPOINTMENT, QUALIFICATIONS AND TERM.
Section
54-2010
COMPENSATION.
Section
54-2011
TYPES OF LICENSES.
Section
54-2012
MINIMUM REQUIREMENTS FOR AN INDIVIDUAL PRIMARY IDAHO LICENSE.
Section
54-2013
ERRORS AND OMISSIONS INSURANCE.
Section
54-2014
LICENSE EXAMS.
Section
54-2015
INDIVIDUALS ACTIVELY LICENSED IN ANOTHER STATE OR JURISDICTION SEEKING PRIMARY IDAHO LICENSURE.
Section
54-2016
PRIMARY IDAHO LICENSES FOR LEGAL BUSINESS ENTITIES, SOLE PROPRIETORSHIPS AND BRANCH OFFICES — ADDITIONAL REQUIREMENTS.
Section
54-2017
COOPERATIVE LICENSES.
Section
54-2018
LICENSE RENEWALS — INACTIVE LICENSE STATUS — PERSONAL CHANGES — EFFECTIVE DATES — FEES NONREFUNDABLE.
Section
54-2019
DENIAL OF LICENSE APPLICATIONS.
Section
54-2020
FEES.
Section
54-2021
OCCUPATIONAL LICENSES FUND — RECEIPTS AND DISBURSEMENTS.
Section
54-2022
REAL ESTATE EDUCATION — PRELICENSE REQUIREMENTS.
Section
54-2023
CONTINUING EDUCATION REQUIREMENTS.
Section
54-2024
PURPOSE OF CERTIFICATION.
Section
54-2025
CERTIFICATION REQUIREMENTS.
Section
54-2026
CERTIFICATION OF COURSE PROVIDERS.
Section
54-2027
DUTIES AND REQUIREMENTS OF ALL CERTIFIED COURSE PROVIDERS.
Section
54-2028
TERM OF PROVIDER CERTIFICATION AND RENEWAL.
Section
54-2029
NOTICE OF POTENTIAL EXPIRATION OF CERTIFICATION.
Section
54-2030
EXPIRATION OR WITHDRAWAL OF PROVIDER CERTIFICATION — NOTICE TO STUDENTS.
Section
54-2031
WITHDRAWAL OF IDAHO CERTIFICATION FOR CAUSE — PROCESS.
Section
54-2032
CERTIFICATION OF INSTRUCTORS.
Section
54-2033
INSTRUCTOR QUALIFICATIONS.
Section
54-2034
SPECIAL CONSIDERATION — DISCRETION OF THE COMMISSION.
Section
54-2035
TERM OF INSTRUCTOR CERTIFICATION AND RENEWAL.
Section
54-2036
CERTIFICATION OF COURSES AND COURSE CONTENT.
Section
54-2037
TERM OF COURSE CERTIFICATION AND RENEWAL.
Section
54-2038
DESIGNATED BROKER — GENERAL RESPONSIBILITIES — BROKER PRICE OPINIONS.
Section
54-2039
BROKER AND BRANCH MANAGER.
Section
54-2040
MAIN OFFICE OR BUSINESS LOCATION.
Section
54-2041
TRUST ACCOUNTS AND ENTRUSTED PROPERTY.
Section
54-2042
CREATION OF NONINTEREST-BEARING TRUST ACCOUNTS — REQUIREMENTS.
Section
54-2043
INTEREST-BEARING TRUST ACCOUNTS.
Section
54-2044
TRUST ACCOUNT RECORDKEEPING — FORMAT OF RECORDS REQUIRED.
Section
54-2045
TRUST ACCOUNT DEPOSITS AND RECEIPT OF CONSIDERATION.
Section
54-2046
TRUST ACCOUNT DISBURSEMENTS.
Section
54-2047
DISPUTED EARNEST MONEY.
Section
54-2048
RESPONSIBLE BROKER FOR THE TRANSACTION — DUTIES AND RECORDKEEPING.
Section
54-2049
RECORD RETENTION SCHEDULES.
Section
54-2050
BROKERAGE REPRESENTATION AGREEMENTS — REQUIRED ELEMENTS.
Section
54-2051
OFFERS TO PURCHASE.
Section
54-2052
ELECTRONICALLY GENERATED AGREEMENTS.
Section
54-2053
ADVERTISING.
Section
54-2054
COMPENSATION, COMMISSIONS AND FEES — PROHIBITED CONDUCT.
Section
54-2055
LICENSEES DEALING WITH THEIR OWN PROPERTY.
Section
54-2056
TERMINATING OR CHANGING LICENSED BUSINESS RELATIONSHIPS.
Section
54-2057
DEATH OR INCAPACITY OF A DESIGNATED BROKER.
Section
54-2058
AUTHORITY TO INVESTIGATE AND DISCIPLINE.
Section
54-2059
DISCIPLINARY POWERS — REVOCATION, SUSPENSION OR OTHER DISCIPLINARY ACTION.
Section
54-2060
GROUNDS FOR DISCIPLINARY ACTION.
Section
54-2061
ADDITIONAL GROUNDS FOR DISCIPLINARY ACTION — COURT ACTIONS — LICENSEE TO REPORT TO COMMISSION.
Section
54-2062
ADDITIONAL GROUNDS FOR DISCIPLINARY ACTION — OTHER ADMINISTRATIVE ACTIONS — LICENSEE TO REPORT TO COMMISSION.
Section
54-2063
DISCIPLINARY PROCEDURE AND REVIEW OF AGENCY ACTION.
Section
54-2064
PROOF OF COMPLAINT — PROSECUTION BY COUNTY PROSECUTING ATTORNEY.
Section
54-2065
PENALTY FOR ACTING AS A BROKER OR SALESPERSON WITHOUT LICENSE.
Section
54-2066
INJUNCTIVE RELIEF.
Section
54-2067
CEASE AND DESIST ORDERS.
Section
54-2068
WITNESSES — DEPOSITIONS — FEES — SUBPOENAS.
Section
54-2069
REAL ESTATE RECOVERY FUND ESTABLISHED.
Section
54-2070
AUGMENTATION OF FUND.
Section
54-2071
RECOVERY FROM FUND — PROCEDURE — GROUNDS — AMOUNT — HEARING.
Section
54-2072
COMMISSION MAY ANSWER PETITION — COMPROMISE OF CLAIMS.
Section
54-2073
COURT ORDER REQUIRING PAYMENT FROM RECOVERY FUND.
Section
54-2074
AUTOMATIC SUSPENSION OF BROKER’S, ASSOCIATE BROKER’S OR SALESPERSON’S LICENSE ON PAYMENT BY COMMISSION — CONDITION FOR LICENSE REINSTATEMENT.
Section
54-2075
ORDER OF PAYMENT OF CLAIMS IF RECOVERY FUND BALANCE INSUFFICIENT — INTEREST.
Section
54-2076
COMMISSION’S RIGHT TO SUBROGATION.
Section
54-2077
WAIVER OF RIGHTS.
Section
54-2078
DISCIPLINARY ACTION AGAINST LICENSEES NOT RESTRICTED FOR VIOLATIONS OF LAW OR RULES.
Section
54-2079
TERMINATION OF SALES ASSOCIATE FOR VIOLATION OF DISCIPLINARY PROVISIONS — STATEMENT TO BE FILED WITH COMMISSION.
Section
54-2080
RECORDS — DISCLOSURE TO PUBLIC.
Section
54-2082
SHORT TITLE.
Section
54-2083
DEFINITIONS.
Section
54-2084
BROKERAGE AGENCY RELATIONSHIPS — CREATION.
Section
54-2085
DISCLOSURE AND WRITING REQUIREMENTS — AGENCY DISCLOSURE BROCHURE AND REPRESENTATION CONFIRMATION.
Section
54-2086
DUTIES TO A CUSTOMER.
Section
54-2087
DUTIES TO A CLIENT.
Section
54-2088
LIMITED DUAL AGENCY AND ASSIGNED AGENCY PERMITTED.
Section
54-2089
BROKER COMPENSATION.
Section
54-2091
DURATION OF AGENCY RELATIONSHIP.
Section
54-2092
DUTIES AND OBLIGATIONS OWED AFTER TERMINATION OF REPRESENTATION.
Section
54-2093
VICARIOUS LIABILITY ABOLISHED.
Section
54-2094
REPRESENTATION NOT FIDUCIARY IN NATURE.
Section
54-2095
CONFLICTS WITH OTHER LAW.
Section
54-2096
SEVERABILITY.
Section
54-2097
RULEMAKING AUTHORITY OF THE COMMISSION.