Idaho Real Estate Practice Exam

If a salesperson license was acquired on February 23, 2016, when must it be renewed?

1. By June 30, 2016

2. By November 30, 2016

3. By March 31, 2016

4. By the end of February 2017

The correct answer is: By November 30, 2016

In Idaho, real estate salesperson licenses must be renewed every two years. If a license was acquired on February 23, 2016, it is important to identify the specific timeframe for renewal based on that acquisition date. The license would be valid until the end of February 2018, which means that the renewal must occur before or on February 28 of that year. However, the Idaho Real Estate Commission has established specific deadlines for renewals which typically require the renewal application and any associated fees to be submitted by November 30, prior to the expiration date. This is why the correct answer indicates that the license must be renewed by November 30, 2016. This two-year cycle is crucial for ensuring that real estate professionals remain updated on current laws, practices, and trends, reinforcing the importance of timely renewal in maintaining an active and compliant license. The other options provided do not align with the renewal cycle requirements set forth by the Idaho Real Estate Commission.