(1) In the case of a loan made by a state or federally regulated beneficiary, which loan is secured by a deed of trust encumbering a borrower’s primary residential property for any noncommercial loan, the notice provided in this section shall accompany the notice of default provided to the grantor. The beneficiary or its agent shall determine whether the subject real property is a borrower’s primary residence by searching the county assessor’s tax rolls prior to recording a notice of default to confirm whether such real property has been granted a homeowner’s property tax exemption pursuant to section 63-602G, Idaho Code. Any property for which a homeowner’s property tax exemption has been granted for the year in which the notice of default is recorded shall be deemed to be a borrower’s primary residential dwelling. If no homeowner’s property tax exemption has been granted for the year in which the notice of default is recorded, the provisions of this section shall not apply. The notice, if required, shall be printed in at least 14-point type and substantially conform to the following form:
Idaho Code § 45-1506C
Supplemental notice — Opportunity to request loan modification
(7) All penalties, costs and fees received or recovered by the attorney general shall be remitted to the consumer protection account [consumer protection fund] and expended purs…
Current official text: Idaho Statutes (Idaho Legislature). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Idaho statutes; confirm against the official source for the current text. Not legal advice.