Idaho § 40-2007 COMPENSATION FOR MISCELLANEOUS EXPENSES

Idaho Statutes

§ 40-2007 — COMPENSATION FOR MISCELLANEOUS EXPENSES

Idaho § 40-2007

Title 40HIGHWAYS AND BRIDGES

Ch. 20HIGHWAY RELOCATION ASSISTANCE

This text of Idaho § 40-2007 (COMPENSATION FOR MISCELLANEOUS EXPENSES) is published on Counsel Stack Legal Research, covering Idaho primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Idaho Code § 40-2007 (2026).

Text

In addition to amounts authorized by this chapter, any agency as a part of the cost of any public program or project, shall reimburse the owner of real property acquired for a project for reasonable and necessary expenses incurred for:

(1)Recording fees, transfer taxes, and similar expenses incidental to conveying the property;

(2)Penalty costs for prepayment of any mortgage entered into in good faith encumbering the real property if the mortgage is on record or has been filed for record under applicable state law on the date of final approval by the agency of the location of the project; and

(3)The pro rata share or portion of ad valorem taxes paid which are allocable to a period subsequent to the date of vesting of title in the state or the effective date of possession of the real pro

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In addition to amounts authorized by this chapter, any agency as a part of the cost of any public program or project, shall reimburse the owner of real property acquired for a project for reasonable and necessary expenses incurred for:
(1) Recording fees, transfer taxes, and similar expenses incidental to conveying the property;
(2) Penalty costs for prepayment of any mortgage entered into in good faith encumbering the real property if the mortgage is on record or has been filed for record under applicable state law on the date of final approval by the agency of the location of the project; and
(3) The pro rata share or portion of ad valorem taxes paid which are allocable to a period subsequent to the date of vesting of title in the state or the effective date of possession of the real property by the agency, whichever is earlier.