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Idaho Code § 55-2507

Mandatory required disclosure statements

Known as the Idaho Property Condition Disclosure Act

The act spans §§ 55–55 (18 sections).

Applied in 1 court decision — leading case Lindberg v. Roseth (2002)

Most recently applied in Lindberg v. Roseth (April 2002)

I.C., § 55-2507, as added by 1994, ch. 366, § 1, p. 1172.

To comply with the provisions of this chapter, a form shall set forth a statement of purpose of the form, including statements substantially similar to the following:

(1) The form constitutes a statement of the conditions of the property and of information concerning the property actually known by the transferor.

(2) That unless the transferee is otherwise advised in writing, the transferor, other than having lived at or owning the property possesses no greater knowledge than that which could be obtained by a careful inspection of the property by a potential transferee.

(3) That the statement is not a warranty of any kind by the transferor or by any agent or subsequent agent representing the transferor in this transaction.

(4) That the statement is not a substitute for any inspections.

(5) That the transferor is familiar with the particular residential real property and each act that may be performed in making a disclosure of an item of information shall be made and performed in good faith.

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.