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S1041...............................................by AGRICULTURAL AFFAIRS REAL PROPERTY - SALE - Amends existing law to require that sellers disclose the known presence of noxious weeds on real property. 01/30 Senate intro - 1st rdg - to printing 01/31 Rpt prt - to Agric Aff
|||| LEGISLATURE OF THE STATE OF IDAHO |||| Fifty-sixth Legislature First Regular Session - 2001IN THE SENATE SENATE BILL NO. 1041 BY AGRICULTURAL AFFAIRS COMMITTEE 1 AN ACT 2 RELATING TO REAL ESTATE TRANSACTIONS; AMENDING SECTION 55-2508, IDAHO CODE, TO 3 REQUIRE THAT SELLERS DISCLOSE THE KNOWN PRESENCE OF NOXIOUS WEEDS ON PROP- 4 ERTY. 5 Be It Enacted by the Legislature of the State of Idaho: 6 SECTION 1. That Section 55-2508, Idaho Code, be, and the same is hereby 7 amended to read as follows: 8 55-2508. DISCLOSURE FORM. The disclosures required by the provisions of 9 this article pertaining to the property proposed to be transferred are set 10 forth in and shall be made on a copy of the following disclosure form or an 11 alternative form as provided in section 55-2506, Idaho Code: 12 SELLER PROPERTY DISCLOSURE FORM 13 SELLER'S NAME AND ADDRESS: ................................................... 14 Section 55-2501, et seq., Idaho Code, requires Sellers of residential real 15 property to complete a property condition disclosure form. 16 PURPOSE OF STATEMENT: This is a statement of the conditions and informa- 17 tion concerning the property known by the Seller. Unless otherwise advised, 18 the Seller does not possess any expertise in construction, architectural, 19 engineering or any other specific areas related to the construction or condi- 20 tion of the improvements on the property. Other than having lived at or owning 21 the property, the Seller possesses no greater knowledge than that which could 22 be obtained upon a careful inspection of the property by the potential buyer. 23 Unless otherwise advised, the Seller has not conducted any inspection of gen- 24 erally inaccessible areas such as the foundation or roof. It is not a warranty 25 of any kind by the Seller or by any agent representing any Seller in this 26 transaction. It is not a substitute for any inspections. Purchaser is encour- 27 aged to obtain his/her own professional inspections. 28 1. All appliances and service systems included in the sale, (such as 29 refrigerator/freezer, range/oven, dishwasher, disposal, hood/fan, central vac- 30 uum, microwave oven, trash compactor, smoke detectors, tv antenna/dish, 31 fireplace/wood stove, water heater, garage door opener, pool/hot tub, etc.) 32 are functioning properly except: (please list and explain) ................... 33 .............................................................................. 34 .............................................................................. 35 2. Specify problems with the following: 36 Basement water ........................................................... 37 Foundation ............................................................... 38 Roof condition and age ................................................... 39 Well (type) ...................... problem ............................... 40 Septic system (type) ............. problem ............................... 41 Plumbing ................................................................. 42 Drainage ................................................................. 2 1 Electrical ............................................................... 2 Heating .................................................................. 3 3. Describe any conditions that may affect your ability to clear title (such 4 as encroachments, easements, zoning violations, lot line disputes, etc.): .... 5 .............................................................................. 6 4. Are you aware of any hazardous materials or pest infestations on the prop- 7 erty? ........................................................................ 8 5. Are you aware of the presence of any noxious weeds, as defined in section 9 22-2402, Idaho Code, on the property? ........................................ 10 6. Have any substantial additions or alterations been made without a building 11 permit? ...................................................................... 1267. Any other problems, including legal, physical or other not listed above 13 that you know concerning the property: ....................................... 14 The Seller certifies that the information herein is true and correct to 15 the best of Seller's knowledge as of the date signed by the Seller. The Seller 16 is familiar with the residential real property and each act performed in mak- 17 ing a disclosure of an item of information is made and performed in good 18 faith. 19 I/we acknowledge receipt of a copy of this statement. 20 Seller: Buyer: 21 ........................ ......................... 22 Date: .................. Date: ................... 23 ....................... ......................... 24 Date: .................. Date: ...................
STATEMENT OF PURPOSE RS 10676 This measure will help in the fight against noxious weeds by informing the buyer in a real estate transaction of the type and nature of the weeds located on real property. FISCAL IMPACT No Fiscal Impact. Contact Name: Sen. Clint Stennett Phone: (208)332-1351 STATEMENT OF PURPOSE/FISCAL NOTE S 104