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ID H0730
Bill
Status
3/3/2022
Primary Sponsor
Ways and Means Committee
Click for details
AI Summary
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Adds Section 48-603G to Idaho Code declaring it an unlawful trade practice for property owners or management companies to make undue profit from residential rental applicants.
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Defines "undue profit" as profiting more than $25.00 from an applicant after deducting reasonable screening expenses directly incurred.
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Prohibits collecting application fees when no rental property is available for lease or reasonably expected within 90 days unless applicant consents in writing to a waiting list.
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Requires return of application fees within 48 hours of written request if the applicant has not yet been screened, and prohibits retaining fees from individuals never screened for tenancy.
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Exempts licensed real estate brokers and salespersons from the restrictions if they receive commissions or fees, and makes violations subject to Consumer Protection Act penalties effective July 1, 2022.
Legislative Description
Adds to existing law to prohibit the unfair collection of residential rental application fees.
CONSUMER PROTECTION ACT
Last Action
Filed in Office of the Chief Clerk
3/7/2022