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State Statutes - Idaho - Title 54 - Chapter 20
Idaho Statutes
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Chapter 20 - IDAHO REAL ESTATE LICENSE LAW
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 LICENSES 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 -- DISPLAY OF LICENSE
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 EXPRESS REPRESENTATION
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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