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Idaho Code Title 54 > Chapter 20 - Idaho Real Estate License Law

Idaho Code > Title 54 > Chapter 20 - Idaho Real Estate License Law


Current as of: 2010
§ 54-2001Short Title
§ 54-2002Licensure Required
§ 54-2003Exceptions To Licensure -- Active Licensees -- Transactions Involving Personal Property
§ 54-2004Definitions
§ 54-2005The Idaho Real Estate Commission
§ 54-2006Qualifications Of Commissioners, Term And Organization
§ 54-2007Compensation, Powers And Duties Of Commission
§ 54-2008Establishment Of Idaho Real Estate Education Council
§ 54-2009Council Appointment, Qualifications And Term
§ 54-2010Compensation
§ 54-2011Types Of Licenses
§ 54-2012Minimum Requirements For An Individual Primary Idaho License
§ 54-2013Errors And Omissions Insurance
§ 54-2014License Exams
§ 54-2015Individuals Actively Licensed In Another State Or Jurisdiction Seeking Primary Idaho Licensure
§ 54-2016Primary Idaho Licenses For Legal Business Entities, Sole Proprietorships And Branch Offices -- Additional Requirements
§ 54-2018License Renewals -- Inactive License Status -- Personal Changes -- Effective Dates -- Fees Nonrefundable
§ 54-2019Denial Of License Applications
§ 54-2020Fees
§ 54-2021Disposition Of Funds
§ 54-2022Real Estate Education -- Prelicense Requirements
§ 54-2023Continuing Education Requirements
§ 54-2024Purpose Of Certification
§ 54-2025Certification Requirements
§ 54-2026Certification Of Course Providers
§ 54-2027Duties And Requirements Of All Certified Course Providers
§ 54-2028Term Of Provider Certification And Renewal
§ 54-2029Notice Of Potential Expiration Of Certification
§ 54-2030Expiration Or Withdrawal Of Provider Certification -- Notice To Students
§ 54-2031Withdrawal Of Idaho Certification For Cause -- Process
§ 54-2032Certification Of Instructors
§ 54-2033Instructor Qualifications
§ 54-2034Special Consideration -- Discretion Of The Commission
§ 54-2035Term Of Instructor Certification And Renewal
§ 54-2036Certification Of Courses And Course Content
§ 54-2037Term Of Course Certification And Renewal
§ 54-2038Designated Broker -- General Responsibilities
§ 54-2039Broker And Branch Office Manager Absences And Changes
§ 54-2040Main Office Or Business Location
§ 54-2041Trust Accounts And Entrusted Property
§ 54-2042Creation Of Noninterest-Bearing Trust Accounts -- Requirements
§ 54-2043Interest-Bearing Trust Accounts
§ 54-2044Trust Account Recordkeeping -- Format Of Records Required
§ 54-2045Trust Account Deposits And Receipt Of Consideration
§ 54-2046Trust Account Disbursements
§ 54-2047Disputed Earnest Money
§ 54-2048Responsible Broker For The Transaction -- Duties And Recordkeeping
§ 54-2049Record Retention Schedules
§ 54-2050Brokerage Representation Agreements -- Required Elements
§ 54-2051Offers To Purchase
§ 54-2052Electronically Generated Agreements
§ 54-2053Advertising
§ 54-2054Compensation, Commissions And Fees -- Prohibited Conduct
§ 54-2055Licensees Dealing With Their Own Property
§ 54-2056Terminating Or Changing Licensed Business Relationships
§ 54-2057Death Or Incapacity Of A Designated Broker
§ 54-2058Authority To Investigate And Discipline
§ 54-2059Disciplinary Powers -- Revocation, Suspension Or Other Disciplinary Action
§ 54-2060Grounds For Disciplinary Action
§ 54-2061Additional Grounds For Disciplinary Action -- Court Actions -- Licensee To Report To Commission
§ 54-2062Additional Grounds For Disciplinary Action -- Other Administrative Actions -- Licensee To Report To Commission
§ 54-2063Disciplinary Procedure And Review Of Agency Action
§ 54-2064Proof Of Complaint -- Prosecution By County Prosecuting Attorney
§ 54-2065Penalty For Acting As A Broker Or Salesperson Without License
§ 54-2066Injunctive Relief
§ 54-2067Cease And Desist Orders
§ 54-2068Witnesses -- Depositions -- Fees -- Subpoenas
§ 54-2069Real Estate Recovery Fund Established
§ 54-2070Augmentation Of Fund
§ 54-2071Recovery From Fund -- Procedure -- Grounds -- Amount -- Hearing
§ 54-2072Commission May Answer Petition -- Compromise Of Claims
§ 54-2073Court Order Requiring Payment From Recovery Fund
§ 54-2074Automatic Suspension Of Broker'S, Associate Broker's Or Salesperson's License On Payment By Commission -- Condition For License Reinstatement
§ 54-2075Order Of Payment Of Claims If Recovery Fund Balance Insufficient -- Interest
§ 54-2076Commission's Right To Subrogation
§ 54-2077Waiver Of Rights
§ 54-2078Disciplinary Action Against Licensees Not Restricted For Violations Of Law Or Rules
§ 54-2079Termination Of Sales Associate For Violation Of Disciplinary Provisions -- Statement To Be Filed With Commission
§ 54-2080Records -- Disclosure To Public
§ 54-2082Short Title
§ 54-2083Definitions
§ 54-2084Brokerage Agency Relationships -- Creation
§ 54-2085Disclosure And Writing Requirements -- Agency Disclosure Brochure And Representation Confirmation
§ 54-2086Duties To A Customer
§ 54-2087Duties To A Client
§ 54-2088Limited Dual Agency And Assigned Agency Permitted
§ 54-2089Broker Compensation
§ 54-2090Written Office Policy Required
§ 54-2091Duration Of Agency Relationship
§ 54-2092Duties And Obligations Owed After Termination Of Representation
§ 54-2093Vicarious Liability Abolished
§ 54-2094Representation Not Fiduciary In Nature
§ 54-2095Conflicts With Other Law
§ 54-2096Severability
§ 54-2097Rulemaking Authority Of The Commission

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