10 exam-style questions with answers and explanations, straight from our 1,030-question bank. Tap an answer to check yourself. When you're ready, take the scored version in the free practice test.
The ID-REB exam has 130 questions and runs 4 hours.
These 10 free ID-REB questions are organized by exam domain, so you can see how each part of the Idaho Real Estate Broker Exam blueprint is tested. Reveal the answer and explanation under each question.
A retail tenant installs custom display cases bolted to the floor for its business. The lease permits removal before expiration if damage is repaired. The tenant removes them on time and restores the floor. How are the cases most likely classified?
Correct answer: B - Trade fixtures that remained the tenant's personal property
A deed conveys land "to the city so long as the property is used as a public library." Years later, the city permanently converts the building to retail space. What title consequence follows?
Correct answer: A - Title reverts automatically through the grantor's possibility of reverter
A 12-unit property has annual scheduled rent at full occupancy of $240,000, expected vacancy and collection loss of 5% of scheduled rent, other income of $6,000, operating expenses of $78,000, and annual debt service of $60,000. If the market capitalization rate is 8%, what value is indicated by direct capitalization?
Correct answer: D - $1,950,000
A buyer offers $500,000. The seller changes the price to $515,000, signs, and sends it back. The buyer rejects the change. The seller then signs the original $500,000 document and announces acceptance. What effect does the seller's final signature have?
Correct answer: C - No contract formed; the counteroffer terminated the original offer
A seller gives a buyer a signed 30-day option to purchase in exchange for $2,000. On day 10, the seller receives a higher offer and tells the buyer the option is revoked. How are the buyer's rights affected?
Correct answer: B - The option stays enforceable, but the buyer remains free not to purchase
An experienced broker is asked to enter the parties' agreed price, closing date, and inspection period into the factual blanks of an authorized purchase form. No custom clause or legal interpretation is requested. Which response remains within the broker's lawful role?
Correct answer: C - Complete the authorized form as directed without giving legal advice
A tenant with a no-pets lease requests an assistance animal because of a disability and provides reliable information showing the disability-related need, which is not otherwise obvious. What is the lawful fair-housing response?
Correct answer: A - Allow it as a reasonable accommodation without charging a pet fee
Testing of a home reports radon at 3.2 pCi/L. The seller asks the listing broker to advertise that the home is "safe because it is below the EPA action level." How should the broker handle the result?
Correct answer: B - State the result without a safety claim; mitigation may be considered at 2-4 pCi/L
A borrower received the Closing Disclosure on Monday. On Tuesday, a $500 seller credit changes after inspection negotiations. The annual percentage rate (APR) remains within tolerance, the loan product does not change, and no prepayment penalty is added. Does the change trigger a new three-business-day waiting period?
Correct answer: C - Issue a corrected Closing Disclosure; the three-day wait does not restart
Annual calendar-year property taxes are $4,380 and are unpaid, with taxes paid in arrears. Closing is April 11 of a non-leap year, the buyer owns the closing day, and a 365-day year is used. What is the tax proration?
Correct answer: A - Seller debit and buyer credit of $1,200
The ID-REB exam also covers these domains. Drill them in the full free practice test:
The full bank has 1,020 more ID-REB questions with explanations.
Continue in the free practice test →
View plans