Idaho Bills

Amends and adds to existing law to revise provisions regarding definitions and fee and financial disclosures and to establish provisions to provide for a period of declarant control, restrictions on board membership, and proxy votes.

This legislation clarifies definitions of Homeowners Associations, (HOA). It gives the homeowners of the development where they reside representation on an HOA board on or before 180 days after 75% of the lots are conveyed to the homeowner. It also outlines the complete transfer of the HOA within 12 months to the homeowner after 95% is built and occupied and addresses proxy votes.