55-2511. ERRORS, INACCURACIES OR OMISSIONS — LIABILITY OF TRANSFEROR — DELIVERY OF INFORMATION BY PUBLIC AGENCY — DELIVERY BY EXPERTS. (1) Neither the transferor or transferor’s agents shall be liable for any error, inaccuracy or omission of any information delivered pursuant to this chapter if the error, inaccuracy or omission was not within the personal knowledge of the transferor or was based upon information timely provided by public agencies or other persons specified in subsection (3) of this section that is required to be disclosed pursuant to this chapter and ordinary care was exercised in obtaining and transmitting it.
(2) The delivery of any information required to be disclosed by this chapter to a prospective transferee by a public agency or other person providing information required to be disclosed pursuant to this chapter shall be deemed to comply with the requirements of this chapter and shall relieve the transferor or transferor’s agent of any further duty under this chapter with respect to that item of information.
(3) The delivery of a report or opinion prepared by any person or professional who has been hired to perform an inspection of the subject property in connection with the proposed sale shall be sufficient compliance for application of the exemption provided in subsection (1) of this section if the information is provided to the prospective transferee pursuant to a request therefore, written or oral. In responding to such a request, an expert may indicate, in writing, an understanding that the information provided will be used in fulfilling the requirements of sections 55-2506 and 55-2507, Idaho Code, and if so, shall indicate the required disclosure or parts thereof to which the information being furnished is applicable. Where such a statement is furnished, the provider shall not be responsible for any items of information or parts thereof other than those expressly set forth in the statement.
History:
[55-2511, added 1994, ch. 366, sec. 1, p. 1177.]
Structure Idaho Code
Title 55 - PROPERTY IN GENERAL
Chapter 25 - PROPERTY CONDITION DISCLOSURE ACT
Section 55-2501 - SHORT TITLE.
Section 55-2502 - LEGISLATIVE INTENT.
Section 55-2503 - DEFINITIONS.
Section 55-2504 - PROPERTY CONDITION DISCLOSURE REQUIRED.
Section 55-2506 - DISCLOSURE INFORMATION.
Section 55-2507 - MANDATORY REQUIRED DISCLOSURE STATEMENTS.
Section 55-2508 - DISCLOSURE FORM.
Section 55-2509 - DELIVERY OF DISCLOSURE FORM AND ACCEPTANCE.
Section 55-2510 - DELIVERY REQUIREMENTS.
Section 55-2513 - AMENDMENT TO FORM.
Section 55-2515 - RESCISSION BY TRANSFEREE.
Section 55-2516 - GOOD FAITH REQUIRED.
Section 55-2517 - FAILURE TO COMPLY.
Section 55-2518 - DUTIES OF REAL ESTATE LICENSEES UNCHANGED.