Idaho Real Estate Practice Exam

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Study for the Idaho Real Estate Exam. Utilize flashcards and multiple-choice questions, each with hints and explanations. Prepare for your success!

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

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A developer intends to subdivide a 7-acre parcel. What is the maximum number of lots the developer may plan without the Idaho subdivision Statute applying?

4 lots
6 lots
8 lots
10 lots

The correct answer is: 10 lots

In Idaho, the subdivision statute applies to the division of land into more than two lots, but there is a specific exemption for certain divisions based on lot size. For a developer planning to subdivide a 7-acre parcel, they can create up to 10 lots without triggering the subdivision statute, as long as the individual lots are not smaller than 5 acres each. This provision allows for greater flexibility in land development while ensuring that larger parcels remain largely intact for potential future development or preservation. This limit on the number of lots developed without requirements under the subdivision statute encourages growth while maintaining some regulatory structure, thereby allowing both the community and the developer to benefit.