Idaho Statutes

§ 55-1520 — PERSONAL PROPERTY ACQUIRED, HELD AND DISPOSED OF BY MANAGEMENT BODY — BENEFICIAL INTEREST PROPORTIONATE — TRANSFER

Idaho § 55-1520
JurisdictionIdaho
Title 55PROPERTY IN GENERAL
Ch. 15CONDOMINIUM PROPERTY ACT

This text of Idaho § 55-1520 (PERSONAL PROPERTY ACQUIRED, HELD AND DISPOSED OF BY MANAGEMENT BODY — BENEFICIAL INTEREST PROPORTIONATE — TRANSFER) 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 § 55-1520 (2026).

Text

Unless otherwise provided for in a declaration recorded pursuant to section 55-1505, a management body may acquire and hold, for the benefit of the condominium owners, tangible and intangible personal property and may dispose of the same by sale or otherwise; the beneficial interest in such personal property shall be owned by the condominium owners in the same proportion as their respective interests in the common areas, and shall not be transferable by such owners except with a transfer of a condominium. A transfer of a condominium shall transfer to the transferee ownership of the transferor’s beneficial interest in such personal property.

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Legislative History

[55-1520, added 1965, ch. 225, sec. 20, p. 515.]

Nearby Sections

15
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Bluebook (online)
Idaho § 55-1520, Counsel Stack Legal Research, https://law.counselstack.com/statute/id/55-1520.