Idaho
Idaho HOA and Condo Statement of Account: Fees, Deadlines, and How to Order
A statement of account is the document a title company asks for before an Idaho closing. Idaho associations must deliver it within 5 business days. Idaho law authorizes no fee for it.
Free for the resale platform. No contract to sign.
Idaho Statement of Account
Example Summit Condominium Association
Regular assessment
$365.00 monthly
Reserve balance
$227,600.00
Fee for this document
None, by statute
Due to the requester
Within 5 business days
Idaho at a glance
- What Idaho calls it
- Statement of Account
- Fee cap
- No fee allowed
- Delivery deadline
- 5 business days
- Buyer's right to cancel
- No statutory right tied to this document
Also called: resale certificate, HOA resale certificate. If you were told to get an Idaho resale certificate, or an ID resale certificate as closing agents write it, for a home in an HOA or a condominium, this is that document. It has nothing to do with the sales tax resale certificate a retailer files with the state.
What each Idaho act sets
Idaho has 2 sets of rules, and which one applies depends on how the community was created. Havn asks once which act governs a community, then applies that act's limits to every order.
Idaho Code 55-1528
Condominium Property Act. Applies to condominiums.
- Required by statute
- Yes
- Fee
- No fee allowed
- Deadline
- 5 business days from the request
Idaho Code 55-3205
Homeowner's Association Act. Applies to HOAs and planned communities.
- Required by statute
- Yes
- Fee
- No fee allowed
- Deadline
- 5 business days from the request
Idaho HOA laws on resale documents, in plain words
Each entry links to the official text. Read the statute itself before relying on a summary.
Idaho Code 55-15 (Condominium Property Act)
Idaho's Condominium Property Act governs the creation, declaration, bylaws, and administration of condominium projects in the state. It covers common area ownership and use, assessments and liens for unpaid charges, and the powers and duties of the condominium's management body. The act includes a section requiring the management body to give unit owners an account statement and an annual disclosure of transfer related fees, which serves as Idaho's resale related financial disclosure mechanism for condominiums rather than a separate resale certificate package.
Idaho Code 55-32 (Homeowner's Association Act)
Idaho's Homeowner's Association Act, recodified into Title 55, Chapter 32 in 2022, governs incorporated and unincorporated homeowner's associations for planned communities and lot based subdivisions, as distinct from condominiums, which fall under the separate Condominium Property Act. It sets rules for association administration and board governance, enforcement and due process for violations, association liens, and various owner protections. The act also requires associations to provide members an account statement on request and an annual disclosure of transfer related fees, which functions as Idaho's resale related financial disclosure and fee cap mechanism for these associations.
Idaho Code 55-1528 (Statement of Account and Disclosure of Fees)
Requires a condominium's management body to furnish a unit owner or the owner's agent a statement of the owner's assessment account on request, and to issue an annual disclosure of any fees that will be charged in connection with a transfer of ownership. The statute sets a delivery deadline for the account statement and caps transfer related fees at the amount previously disclosed.
Idaho Code 55-3205 (Disclosure of Fees and Financial Disclosures)
Requires a homeowner's association to furnish a member or the member's agent a statement of the member's assessment account on request, and to issue an annual disclosure of fees that will be charged in connection with a transfer of ownership, along with periodic financial statements to members. The statute sets delivery deadlines for these disclosures and caps transfer related fees at the amount previously disclosed.
The notice Havn prints on every Idaho statement of account
Every Idaho document Havn prepares carries a notice that tells the reader where the document comes from and what Idaho law says about it. This is the wording, act by act.
Idaho Code 55-1528Condominiums
Idaho Code 55-1528 requires the condominium's management body or its agent to provide this statement of the unit owner's account to the unit owner or the owner's agent within 5 business days after it receives a request. Charging a fee for this statement is a violation of the Idaho Consumer Protection Act. The management body is bound by the amounts stated in this statement.
On or before January 1 of each year the management body or its agent must give unit owners a disclosure of the fees that will be charged in connection with any transfer of ownership of a unit. A fee charged in connection with the transfer of this unit may not exceed the amount set out in that disclosure, a fee that does not appear on it may not be charged, and no surcharge or additional fee may be charged in connection with the transfer.
Idaho law sets no expiration date for this statement and gives the purchaser no cancellation period tied to it. The information in this statement is current as of its issue date.
Idaho Code 55-3205HOAs and planned communities
Idaho Code 55-3205 requires the homeowner's association or its agent to provide this statement of the member's account to the member or the member's agent within 5 business days after it receives a written request. Charging a fee for this statement is a violation of the Idaho Consumer Protection Act. The association is bound by the amounts stated in this statement. It lists all outstanding assessments, charges, and fees owed to the association, including any accrued late fees or interest, and the amount of any transfer fee that may be charged when the property is transferred.
The association may charge a transfer fee only if its declaration of covenants, conditions, and restrictions expressly authorizes one. A transfer fee is payable only to the association; no portion of it may be paid to a board member, manager, or other third party. On or before January 1 of each year the association or its agent must give its members a disclosure of the fees that will be charged to a member, and no fee the association or its agent imposes during the following calendar year may exceed the amount set out in that disclosure. No surcharge or additional fee may be charged in connection with the transfer.
Idaho law sets no expiration date for this statement and gives the purchaser no cancellation period tied to it. The information in this statement is current as of its issue date.
Documents Idaho adds to the package
Beyond the governing documents, budget, and financial statements every state expects, Idaho adds these. Havn attaches each one as its own exhibit.
- Annual disclosure of fees (Idaho Code 55-1528(2))
- Annual disclosure of fees (Idaho Code 55-3205(2))
Idaho statement of account: common questions
What is an Idaho statement of account?
It is what Idaho law has the association provide when a home in condominiums and HOAs and planned communities is sold: a statement of what the home owes and of the association's finances, insurance, and rules, under Idaho Code 55-1528 and Idaho Code 55-3205.
How much does an Idaho statement of account cost?
Nothing. Idaho law authorizes no fee for it, so the association cannot charge the requester.
How long does an Idaho association have to provide a statement of account?
5 business days, counted from the request.
Is a statement of account required in Idaho?
Yes, for condominiums and HOAs and planned communities, under Idaho Code 55-1528 and Idaho Code 55-3205.
Can a buyer cancel after receiving an Idaho statement of account?
Idaho law ties no cancellation right to this document. Any right to cancel comes from the purchase contract or from other disclosure laws.
Who pays for the statement of account in Idaho?
Nobody pays the association, because Idaho law authorizes no fee. A management company or closing agent may still charge for its own services.
What is included in an Idaho statement of account?
What the home owes the association, the fees due at closing, the budget and reserves, the insurance the association carries, pending lawsuits, and the governing documents. Idaho adds 2 more items, listed on this page. The full list is in Idaho Code 55-1528.
How do I get a statement of account in Idaho?
Ask the association, or its management company if it has one. Many take the request through an online order page and deliver by email. Once asked, a Idaho association has 5 business days. A buyer should ask the seller or the closing agent to order it.
Is this the same as an Idaho sales tax resale certificate?
No. A sales tax resale certificate is a form a retailer gives a supplier so it can buy goods without paying sales tax. It shares a name and nothing else. This page is about the HOA document used when a home is sold.
How Idaho compares with its neighbors
Management companies that work across state lines meet a different rule on each side. Idaho: no fee allowed, 5 business days.
Washington
Resale Certificate
$275
10 days
Required by statute
Oregon
Resale Package
No fixed dollar cap
10 business days
Not required by statute
Montana
Resale Package
No fixed dollar cap
No statutory deadline
Not required by statute
Utah
Resale Package
No fixed dollar cap
No statutory deadline
Required by statute
Nevada
Resale Package
$185
10 days
Required by statute
See all 51 jurisdictions on the map, compare every state in the fee and deadline table, or read about lender questionnaires, estoppel letters, and demand letters.
Your next Idaho statement of account could write itself.
Idaho allows no fee for it, which makes doing it by hand pure cost. Havn drafts it from your records. No contract to sign.