2005 Idaho Code - 55-2507 — MANDATORY REQUIRED DISCLOSURE STATEMENTS

                                  TITLE  55
                             PROPERTY IN GENERAL
                                  CHAPTER 25
                      PROPERTY CONDITION DISCLOSURE ACT
    55-2507.  MANDATORY REQUIRED DISCLOSURE STATEMENTS. To comply with the
provisions of this chapter, a form shall set forth a statement of purpose of
the form, including statements substantially similar to the following:
    (1)  The form constitutes a statement of the conditions of the property
and of information concerning the property actually known by the transferor.
    (2)  That unless the transferee is otherwise advised in writing, the
transferor, other than having lived at or owning the property possesses no
greater knowledge than that which could be obtained by a careful inspection of
the property by a potential transferee.
    (3)  That the statement is not a warranty of any kind by the transferor or
by any agent or subsequent agent representing the transferor in this
transaction.
    (4)  That the statement is not a substitute for any inspections.
    (5)  That the transferor is familiar with the particular residential real
property and each act that may be performed in making a disclosure of an item
of information shall be made and performed in good faith.