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Idaho Exam- Licensing requirements Flashcards A licensee who allows his or her license to expire has how long to reinstate the license without monetary penalty?There is no "free" time How long is your pre-license course certificate good for?3 years Which of the following is not a requirement to obtain an active real estate salesperson licensee in Idaho?copy of your birth certificate a graduate of the Idaho real estate School gets her first salesperson license on February 23, 2016. Her birthday is April 19th. By the end of which month must she renew her license?April 2017 A broker wishes to open a licensed branch office in other community in their market area. What is true regarding this new branch office?The manager must be an associate broker of the firm A broker with an active license in another state, but not an Idaho license, may conduct real estate business in Idaho under what conditions?If they obtain an Idaho cooperative license agreement from IREC before conducting business Under the Idaho Real Estate License Law and Rules, a partnership, association, or corporation will be granted a license only if Each legal business entity has a properly licensed individual designated as real estate broker An applicant for a real estate license in Idaho mustDisclose any felony conviction Which is a requirement to obtain an Idaho brokers license?A new fingerprint background check Which activity does not require a real estate license in Idaho?Property management In Idaho, each person seeking an individual primary Idaho license shall meet the following minimum qualifications
EXCEPT
Be at least 19 years or older An actively licensed Idaho real estate salesperson may lawfully collect compensation from A real estate broker with whom the sales associate is licensed Which circumstance may prohibit an applicant from getting a real estate license?A felony conviction which occurred 8 years ago What are the continuing Education minimum requirements?12 Elective hours plus 2 different commission core courses every 2 years An office manager for a local real estate firm is responsible
for the following activities: Coordinating the flow of
paperwork through the office, preparing advertising copy, and hiring and supervising clerical personnel. The office manager is Exempt from real estate licensing requirements.A salesperson is renewing his license 'Active' for the first time. In addition to taking 2 different commission core
courses, he must also take:
Post-license fundamentals plus any 4-hour post-license elective course How long is your passing state exam certificate good for?1 year
Which is not a type of real estate license in Idaho?Branch Manager A licensed salesperson may hold a concurrent license with more than one Idaho broker under which of the following circumstances?Under no circumstances If engaged in real estate activities, who of the following are exempt from real estate licensing requirement?Attorney's at law In Idaho, which situation would require an individual to be a licensed real estate broker or salesperson?Helping a friend in the purchase or sale of any interest in real property for compensation In Idaho, which of the following is requirement for obtaining a broker's license?Having successfully completed a minimum of 90 hours of approved real estate courses A real estate license is required for which of the following?Company that, for a fee (not a commission), matches individuals from different parts of the country who want to exchange properties and then assists them in doing so How about fingerprint background checks? 6 months A salesperson has a renewal date of her license on November 30, 2016. On march 17, 2016 she gets a brokers license and opens her own firm called Ajax Realty.When must she renew her broker's license?
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