TITLE 54 PROFESSIONS, VOCATIONS, AND BUSINESSES

CHAPTER 20 IDAHO REAL ESTATE LICENSE LAW

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

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