TITLE 54

PROFESSIONS, VOCATIONS, AND BUSINESSES

CHAPTER 20

IDAHO REAL ESTATE LICENSE LAW

54-2091.  Duration of agency relationship. (1) A brokerage’s agency relationship and corresponding representation duties under sections 54-2082 through 54-2097, Idaho Code, shall commence on the date indicated on the written agreement between the brokerage and a buyer/client or seller/client and shall end at the earliest of:

(a)  Performance or completion of the representation;

(b)  Agreement by the parties;

(c)  Expiration of the agency relationship agreement.

(2)  Nothing in sections 54-2082 through 54-2097, Idaho Code, shall prohibit the brokerage and the buyer or seller from changing the legal nature of their relationship or representation in accordance with such sections during the course of the real estate transaction. However, the brokerage is not relieved thereby from meeting the disclosure requirements and obtaining the written agreements, consents or confirmations required by sections 54-2082 through 54-2097, Idaho Code.

History:

[(54-2091) 54-2069, added 1996, ch. 250, sec. 1, p. 790; am. and redesignated 2000, ch. 285, sec. 13, p. 957; am. 2007, ch. 150, sec. 5, p. 460.]