Section 55-1820 – JURISDICTION.
55-1820. JURISDICTION. (1) Dispositions of subdivided lands are subject to this chapter, and the district courts of this state have jurisdiction in claims or causes of action arising under this chapter if: (a) The subdivider’s principal office is located in this state; or (b) Any offer or disposition of subdivided lands is made in this […]
Section 55-1821 – SERVICE OF PROCESS.
55-1821. SERVICE OF PROCESS. In addition to the methods of service provided for in the Idaho rules of civil procedure and Idaho statutes, service may be made on a person who has filed a consent to service of process by delivering a copy of the process to the office of the commission, but it is […]
Section 55-1807 – PUBLIC OFFERING STATEMENT.
55-1807. PUBLIC OFFERING STATEMENT. (1) A public offering statement shall disclose fully and accurately the physical characteristics of the subdivided lands offered and shall make known to prospective purchasers all unusual and material circumstances or features affecting the subdivided lands. The proposed public offering statement submitted to the commission shall be in a form prescribed […]
Section 55-1808 – EXAMINATION BY COMMISSION OF APPLICATION FOR REGISTRATION.
55-1808. EXAMINATION BY COMMISSION OF APPLICATION FOR REGISTRATION. Upon receipt of an application for registration in proper form, the commission shall forthwith initiate an examination of the application for registration to determine that: (1) The requirements of section 55-1806, Idaho Code, have been satisfied, the subdivider can convey or cause to be conveyed the interest […]
Section 55-1809 – NOTICE OF FILING — REGISTRATION — REJECTION OF APPLICATION — FEES.
55-1809. NOTICE OF FILING — REGISTRATION — REJECTION OF APPLICATION — FEES. (1) Upon receipt of the application for registration in proper form and of a base registration fee of two hundred fifty dollars ($250), the commission shall issue a notice of filing to the applicant. In addition to the base registration fee, the following […]
Section 55-1810 – RENEWAL REPORT — DUTY TO REPORT CONVICTIONS AND JUDGMENTS.
55-1810. RENEWAL REPORT — DUTY TO REPORT CONVICTIONS AND JUDGMENTS. (1) The subdivider shall file a renewal report in the form prescribed by the commission. The renewal report shall reflect any material changes in information contained in the original application for registration. The renewal report must be filed with the renewal application not later than […]
Section 55-1811 – GENERAL POWERS AND DUTIES.
55-1811. GENERAL POWERS AND DUTIES. (1) The commission shall have the authority to promulgate, to amend and to repeal reasonable rules for the administration and enforcement of this chapter. Such rules may include provisions for advertising standards to assure full and fair disclosure; provisions for bond, escrow or trust agreements or other means to assure […]
Section 55-1812 – FRAUDULENT PRACTICES.
55-1812. FRAUDULENT PRACTICES. It shall be a fraudulent practice and it shall be unlawful: (1) For any person knowingly to subscribe to or make or cause to be made any materially false statement or representation in any application, financial statement or other document or statement required to be filed under any provision of this chapter, […]
Section 55-1801 – TITLE.
55-1801. TITLE. This chapter shall be known and may be cited as the "Subdivided Lands Disposition Act." History: [55-1801, added 1972, ch. 276, sec. 1, p. 667; am. 2010, ch. 214, sec. 1, p. 468.]
Section 55-1802 – DEFINITIONS.
55-1802. DEFINITIONS. When used in this chapter, unless the context otherwise requires: (1) "Commission" means the Idaho real estate commission. (2) "Disposition" includes sale, lease, assignment, award by lottery or any other transaction concerning a subdivision, if undertaken for gain or profit. (3) "Offer" includes any inducement, solicitation or attempt to encourage a person to […]