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     Idaho Statutes

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.
54-2018    LICENSE RENEWALS — INACTIVE LICENSE STATUS — PERSONAL CHANGES — EFFECTIVE DATES — FEES NONREFUNDABLE.
54-2019    DENIAL OF LICENSE APPLICATIONS.
54-2020    FEES.
54-2021    DISPOSITION OF FUNDS.
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 ABSENCES AND CHANGES.
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.
54-2090    WRITTEN OFFICE POLICY REQUIRED.
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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