If a designated broker voluntarily surrenders their license in Idaho, how many days does the entity have to designate another?
Question & Answer
Review the question and all answer choices
10 days
30 days
30 days is incorrect as it's a common timeframe for other real estate actions but not for broker designation replacement in Idaho. This option might confuse students with general license renewal periods.
60 days
60 days is incorrect as it's typically associated with longer compliance periods in real estate, such as some disclosure requirements, not broker designation replacement.
100 days
100 days is incorrect as it's far longer than any standard real estate compliance timeframe and doesn't align with Idaho's prompt replacement requirements.
Why is this correct?
10 business days to designate another.
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