2005 Idaho Code - 55-1804 — PROHIBITIONS ON DISPOSITIONS OF INTERESTS IN SUBDIVISIONS

                                  TITLE  55
                             PROPERTY IN GENERAL
                                  CHAPTER 18
                         SALE OR DISPOSITION OF LAND
                          LOCATED OUTSIDE THE STATE
    55-1804.  PROHIBITIONS ON DISPOSITIONS OF INTERESTS IN SUBDIVISIONS.
Unless the subdivided lands or the transaction is exempt under section
55-1805, Idaho Code, it shall be unlawful for any person in this state:
    1.  To offer or to dispose of any interest in subdivided lands located
without this state prior to the time that the subdivided lands are registered
in accordance with this act;
    2.  To dispose of any interest in subdivided lands unless a current public
offering statement is delivered to the purchaser and the purchaser is afforded
a reasonable opportunity to examine the public offering statement prior to the
disposition.
    3.  To offer or dispose of any interest in a time shared property located
within or without this state prior to the time that the time shared property
is registered in accordance with this act.