Idaho Statutes
§ 45-1201 — DEFINITIONS
Idaho § 45-1201
This text of Idaho § 45-1201 (DEFINITIONS) 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 § 45-1201 (2026).
Text
As used in this chapter:
(1)"Beneficiary" means both the record owner of the beneficiary’s interest under a trust deed, including successors in interest.
(2)"Reconveyance" or "reconvey" means a reconveyance of a trust deed.
(3)"Satisfactory evidence" of the full payment of an obligation secured by a trust deed means a payoff letter, the original cancelled check or a copy, including a voucher copy, of a check, payable to the beneficiary or a servicer, and reasonable documentary evidence that the check was intended to effect full payment under the trust deed or an encumbrance upon the property covered by the trust deed.
(4)"Servicer" means a person or entity that collects loan payments on behalf of a beneficiary.
(5)"Title agent" means a title insurance agent duly licensed as an organiz
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Legislative History
[45-1201, added 1995, ch. 326, sec. 1, p. 1092.]
Nearby Sections
15
§ 45-1001
WHAT MAY BE MORTGAGED§ 45-1003
ACKNOWLEDGMENT AND RECORDATION§ 45-1004
RECORDING MASTER FORMS — INCORPORATION OF PROVISIONS INTO MORTGAGES BY REFERENCE — RECORDING FEES§ 45-101
LIENS DEFINED§ 45-102
GENERAL AND SPECIAL LIENS§ 45-103
GENERAL LIEN DEFINED§ 45-104
SPECIAL LIEN DEFINED§ 45-105
SATISFACTION OF PRIOR LIEN§ 45-107
LIEN ON FUTURE INTEREST§ 45-109
LIEN TRANSFERS NO TITLE§ 45-110
CONTRACTS FOR FORFEITURE VOIDCite This Page — Counsel Stack
Bluebook (online)
Idaho § 45-1201, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/45-1201.