Idaho § 50-1406 DISPOSAL OF LAND ACQUIRED BY FORECLOSURE — EXCESS PROCEEDS

Idaho Statutes

§ 50-1406 — DISPOSAL OF LAND ACQUIRED BY FORECLOSURE — EXCESS PROCEEDS

Idaho § 50-1406

Title 50MUNICIPAL CORPORATIONS

Ch. 14CONVEYANCE OF PROPERTY

This text of Idaho § 50-1406 (DISPOSAL OF LAND ACQUIRED BY FORECLOSURE — EXCESS PROCEEDS) 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 § 50-1406 (2026).

Text

Should real property be acquired as the result of a foreclosure of any improvement lien, or where a deed has been made and executed by the owner to the city in satisfaction of an improvement lien, and thereafter bring more than is assessed against the same, together with costs and expenses, then the proceeds shall be paid to the owner if his address is known, otherwise, to be placed in the improvement fund for the benefit of which the property was impressed with the lien.

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Should real property be acquired as the result of a foreclosure of any improvement lien, or where a deed has been made and executed by the owner to the city in satisfaction of an improvement lien, and thereafter bring more than is assessed against the same, together with costs and expenses, then the proceeds shall be paid to the owner if his address is known, otherwise, to be placed in the improvement fund for the benefit of which the property was impressed with the lien.