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Commonly Asked Questions about Idaho Real Estate Forms

What forms of deeds are available in Idaho?

A deed is a legal document that transfers property ownership from one person to another. Idaho has three main types of deeds: general warranty, special warranty, and deed without warranties.

What are the forms in real estate?

Lets break it down together. RERA Form A: Property seller and broker. RERA Form B: Property buyer and broker. RERA Form F: Buyer and seller. RERA Form I: Agent and Agent. RERA Form U: Termination Agreement. Frequently Asked Questions.

What is a grant deed in Idaho?

A grant deed, also known as a special or limited warranty deed, is a legal document used to transfer real estate between a previous owner (the grantor) and a new owner (the grantee).

Is Idaho a real estate disclosure state?

Idaho: Like Alaska, the state of Idaho doesnt require a disclosure of the sale price of a property, but it does require the property condition to be disclosed.

How many questions are on the Idaho real estate exam?

The Idaho real estate salesperson exam has a total of 120 scored questions. 80 of these questions fall under the national portion, while the remaining 40 fall under the state-specific portion. Candidates are given 4 hours to complete the exam: 2 hours for the national section and 1 hours for the state section.

What is the difference between a warranty deed and a quit claim deed in Idaho?

A warranty deed provides guarantees of clear title to real property and that the current owner has the legal right to sell it or transfer it to another party. A quitclaim deed, in contrast, contains no guarantees about the quality of the title or owner.

What is the most commonly used deed?

A warranty deed, which also may be called a general warranty deed, is the type of deed used most frequently when real property is sold. A warranty deed guarantees that the title is free and clear of debts or liens.