Idaho License Law
What is a 'business opportunity' and does it require a real estate license in Idaho?
AA real estate investment — always requires a license
BThe sale of a business (including goodwill, fixtures, inventory) may require a license in Idaho if real estate is also being sold as part of the transaction✓ Correct
CBusiness sales never require a real estate license in Idaho
DOnly franchise sales require a real estate license
Explanation
When a business sale includes real property (owned real estate) and is negotiated for compensation, a real estate license is generally required in Idaho. Business broker activities involving only personal property (no real estate) may be exempt.
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State-Specific Concepts
License Law
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