Archive for March, 2013

Minor Amendment to Idaho’s Condominium Statute Passed

March 25, 2013

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Idaho’s legislature has been busy this year.  The notably long legislative session has been dominated by healthcare, taxes, and education.

However, along with the politically-charged bills, a small functional amendment has been made to Idaho’s Condominium Act, I.C. 55-1505.

The amendment permits for allocation of common area costs based on total square footage of the units.  This is a common practice among condominium documents, and so the amendment recognizes the practice as legitimate.

Here’s the heart of it, which was passed today in the House:

2013 Amendment

http://www.legislature.idaho.gov/legislation/2013/S1111.pdf