Idaho Real Estate Practice Exam

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What is the general time frame for a buyer to receive a property condition disclosure from the seller in Idaho?

Within 48 hours of offer acceptance
At closing
Before writing the offer
Within 10 calendar days after acceptance

The correct answer is: Within 10 calendar days after acceptance

In Idaho, the timeframe for a buyer to receive a property condition disclosure is set at within 10 calendar days after acceptance of the purchase and sale agreement. This requirement is in place to ensure that buyers are adequately informed about the condition of the property before proceeding further in the transaction. Receiving this disclosure within this specified timeframe allows buyers to assess any potential issues with the property, make informed decisions, and address any concerns in negotiations or due diligence. This practice promotes transparency in real estate transactions, facilitating a smoother process for both parties. The other options provided do not align with the legal requirements in Idaho regarding property disclosures, highlighting the importance of adhering to state guidelines.