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Idaho: Licensee Information Disclosure Pursuant to Idaho Admin. Code 12.01.10.050(1) Date: GENERAL INFORMATION Loan #: Borrower Name(s): Property Address: City: State: Zip Code: LICENSEE INFORMATION
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How to fill out idaho licensee information disclosure

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How to fill out Idaho Licensee Information Disclosure:

01
Begin by obtaining the necessary Idaho Licensee Information Disclosure Form. This form can typically be found on the website of the Idaho Real Estate Commission or obtained from your real estate agent or broker.
02
Start by filling out the top section of the form, which includes the property address, the name of the licensee or broker providing the disclosure, and the name of the client or customer receiving the disclosure.
03
Proceed to the next section, which requires you to disclose any existing or potential conflicts of interest. This may include any personal relationships or business affiliations that could impact the licensee's representation.
04
Continue by providing details regarding any known adverse material facts about the property being represented. Adverse material facts are any information that can significantly affect the value, desirability, or use of the property.
05
Next, disclose any known latent material defects in the property. Latent defects are issues that are not readily apparent and may require expertise or investigation to identify.
06
If there are any known environmental hazards or conditions related to the property, these should also be disclosed in the appropriate section.
07
Additionally, the form requires the licensee to disclose any pending legal proceedings or complaints related to the property or the licensee's professional conduct.
08
Finally, review the form for accuracy, making sure all necessary information has been provided. Sign and date the form, and ensure that the client or customer also signs and dates as acknowledgment.

Who needs Idaho Licensee Information Disclosure?

01
Any real estate licensee in Idaho who represents a client or customer in a real estate transaction is required to provide the Idaho Licensee Information Disclosure form.
02
Clients or customers who are receiving professional representation from a real estate licensee in Idaho are also expected to receive this disclosure form.
03
This form is crucial in ensuring transparency and protecting the interests of both the licensee and the client or customer involved in the real estate transaction.
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Idaho licensee information disclosure is a requirement for licensees in Idaho to disclose certain information about their licenses.
All licensees in Idaho are required to file the licensee information disclosure.
The Idaho licensee information disclosure can be filled out online through the designated portal provided by the licensing authority.
The purpose of the Idaho licensee information disclosure is to provide transparency and accountability in licensing activities.
Licensees must report information such as their license number, contact information, and any disciplinary actions taken against them.
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