REE-150-10
Rev. 07/2020
IREC use only
License #:
__________________________
Approved:
__________________________
575 E. Parkcenter Blvd., Suite 180
Boise, Idaho 83706
Offi ce: (208) 334-3285
Fax: (208) 334-2050
licensing@irec.idaho.gov
irec.idaho.gov
SOLE PROPRIETORSHIP
LICENSE APPLICATION
1. SOLE PROPRIETORSHIP INFORMATION:
Name of designated broker:
Brokerage name (DBA):
(the DBA must be registered with the Idaho Secretary of State)
Physical address:
City State Zip
Mailing address (if diff erent from above):
City State Zip
Business phone (required): Fax:
Email: _________________________________________________________ Website:
2. DOES THE PROPOSED DB ALREADY HAVE AN IDAHO BROKER LICENSE?
No - Attach a completed broker license application for the proposed DB
Yes - Provide Idaho Broker license number _______________________
I have completed the Idaho Business Conduct & Offi ce Operations* or Brokerage Management* course within the 3 years
immediately preceding the date of this application (inactive to active DB or AB to DB applicants only). *Must attach a copy
of the course completion certifi cate if not already recorded on your IREC education record.
3. ERRORS & OMISSIONS INSURANCE: (E&O insurance must have an eff ective date on or before the date you submit your application)
Rice Insurance Services Company (Commission group policy - attach a copy of RISC certifi cate of coverage for the DB) - OR
Independent Coverage (attach a completed, signed Certifi cation of E&O Coverage form (REE-141) showing coverage for the DB)
Designated Broker (signature) Date
REQUIRED ATTACHMENTS
____ DBA Registration (attach a fi le-stamped copy of the Certifi cate of Assumed Business Name issued by the Idaho
Secretary of State) (required if operating your brokerage under any name other than your legal personal name).................................
____ Broker License Application for designated broker (if not already licensed as an Idaho broker)..............................................................
____ Trust Account Notifi cation Form (REE-088).............................................................................................................................................
____ E&O Insurance certifi cation of coverage for the DB only - separate E&O is not required for a Sole Proprietorship.......................................
____ I have completed the BCOO or Brokerage Management course within the previous 3 years (inactive to active DB or AB
to DB applicants only)..............................................................................................................................................................................
INSTRUCTIONS: Submit this original, completed application form with the required fee and ALL
attachments. Applications that are illegible, incomplete, or missing the required attachments will be
immediately returned without processing.
You are not licensed until IREC approves your license application. It is unlawful for you to engage in the business or act in the capacity of a real
estate licensee in Idaho without fi rst obtaining a license. Allow 10 business days to process your completed application.
NOTE: Applications are processed in the order received. Updates on the status of license applications will NOT be given over the
phone. When your name and license number appear as active status in the License Lookup on the IREC website, your license has
been approved.
IREC use
ONLY
click to sign
signature
click to edit
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