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ID S1135
Bill
Status
4/21/2015
Primary Sponsor
Judiciary and Rules Committee
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AI Summary
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Amends Idaho Code Section 45-507 to exclude trustees of deeds of trust from the definition of "owner or reputed owner" for purposes of filing mechanic's lien claims.
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Requires that a copy of any filed lien claim be served on the owner or reputed owner within five (5) business days of filing, either by personal delivery or certified mail.
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Amends Idaho Code Section 45-510 to clarify that trustees of deeds of trust are not required to be included in claims of lien, foreclosure proceedings, or judgments under the lien chapter.
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Maintains existing lien duration rules: liens bind property for six (6) months after filing unless court proceedings are commenced or payment/credit extensions are made and endorsed on the lien record.
Legislative Description
Amends existing law to provide that for a claim of lien an owner or reputed owner does not include a trustee of a deed of trust; and to provide that a trustee of a deed of trust shall not be included in a claim of lien, foreclosure or judgment.
LIENS
Last Action
Signed by Governor on 04/21/15 Session Law Chapter 339 Effective: 07/01/2015
4/21/2015