US Laws, Codes, Statutes & Cases

                                  TITLE  54
                    PROFESSIONS, VOCATIONS, AND BUSINESSES
                                  CHAPTER 20
                        IDAHO REAL ESTATE LICENSE LAW
    54-2055.  LICENSEES DEALING WITH THEIR OWN PROPERTY. (1) Any actively
licensed Idaho broker, sales associate, or legal business entity shall comply
with this entire chapter when that licensee is buying, selling or otherwise
acquiring or disposing of the licensee's own interest in real property in a
regulated real estate transaction.
    (2)  A licensee shall disclose in writing to any buyer or seller that the
licensee holds an active Idaho real estate license, if the licensee directly,
indirectly, or through a third party, sells or purchases an interest in real
property for personal use or any other purpose; or acquires or intends to
acquire any interest in real property or any option to purchase real property.
    (3)  Each actively licensed person buying or selling real property or any
interest therein, in a regulated real estate transaction, must conduct the
transaction through the broker with whom he is licensed, whether or not the
property is listed.