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ID H0150
Bill
Status
4/1/2025
Primary Sponsor
Business Committee
Click for details
AI Summary
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Repeals existing Section 55-1007, Idaho Code, which governed conveyance or encumbrance of homesteads by "husband and wife" and replaces it with gender-neutral language referring to "married couple" and "spouse"
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Requires consent of both spouses before a homestead can be conveyed or encumbered by either spouse
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Allows either spouse to execute a power of attorney authorizing the other spouse to convey or encumber the homestead on their behalf
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Specifies consent must be evidenced by either: (1) both spouses executing and acknowledging the conveyance/encumbrance instrument, or (2) a deed from one spouse to the other establishing the property as sole and separate property
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Declared an emergency measure with an effective date of July 1, 2025
Legislative Description
Repeals and adds to existing law to revise a provision regarding conveyances or encumbrances of homesteads by married couples.
PROPERTY
Last Action
Reported Signed by Governor on March 31, 2025 Session Law Chapter 216 Effective: 07/01/2025
4/1/2025