54-2084 BROKERAGE AGENCY RELATIONSHIPS -- CREATION. - Idaho Statutes

TITLE 54

PROFESSIONS, VOCATIONS, AND BUSINESSES

CHAPTER 20

IDAHO REAL ESTATE LICENSE LAW

54-2084. Brokerage agency relationships -- Creation. (1) A buyer or seller is not represented by a brokerage in a regulated real estate transaction unless the buyer or seller and the brokerage agree, in a separate written document, to such representation. No type of agency representation may be assumed by a brokerage, buyer or seller or created orally or by implication.

(2) Types of brokerage relationships. The following types of brokerage relationships are recognized:

(a) Nonagency;

(b) Agency representation;

(c) Limited dual agency representation;

(d) Limited dual agency with assigned agents.