Idaho Code § 55-3101

Current through the 2024 Regular Session
Section 55-3101 - LEGISLATIVE FINDINGS
(1) The public policy of this state favors the transferability of interests in real property free from unreasonable restraints on alienation and covenants or servitudes that do not touch and concern the property.
(2) A transfer fee covenant violates the public policy of this state by impairing the marketability of title to the affected real property and constitutes an unreasonable restraint on alienation, regardless of the duration of the covenant or the amount of the transfer fee set forth in the covenant.

Idaho Code § 55-3101

[55-3101, added 2011, ch. 107, sec. 1, p. 273.]
Added by 2011 Session Laws, ch. 107,sec. 1, eff. 3/22/2011.