Idaho § 50-2623 DISCLOSURE REQUIREMENT PRIOR TO LEASE OR SALE OF PROPERTY

Idaho Statutes

§ 50-2623 — DISCLOSURE REQUIREMENT PRIOR TO LEASE OR SALE OF PROPERTY

Idaho·Title 50 MUNICIPAL CORPORATIONS·Ch. 26 BUSINESS IMPROVEMENT DISTRICTS

Prior to leasing or selling property located within a business improvement district, property owners are required to provide written disclosure to prospective lessees or purchasers that the subject property is located within a business improvement district and that the lessee or purchaser may be responsible for the payment of special assessments to the legislative authority. The written disclosure shall be a statement by the property owner and shall not be construed to be a statement made by any agent representing the property owner. No agent of the property owner shall be authorized to make such a disclosure as provided in this chapter or to verify the same.

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Prior to leasing or selling property located within a business improvement district, property owners are required to provide written disclosure to prospective lessees or purchasers that the subject property is located within a business improvement district and that the lessee or purchaser may be responsible for the payment of special assessments to the legislative authority. The written disclosure shall be a statement by the property owner and shall not be construed to be a statement made by any agent representing the property owner. No agent of the property owner shall be authorized to make such a disclosure as provided in this chapter or to verify the same.

Idaho § 50-2623 (DISCLOSURE REQUIREMENT PRIOR TO LEASE OR SALE OF PROPERTY) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.