Idaho Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision

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US-ND0902
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Description

This form provides boilerplate contract clauses that outline the remedies available to the parties both under and outside the terms of the contract agreement.

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FAQ

The Idaho Lawsuit Filing Deadline for Property Damage Cases In Idaho, whether your potential case involves damage to real property (your house or your land, for example) or personal property (including damage to vehicles), it must be filed within three years, ing to Idaho Code section 5-218.

28-2-725. Statute of limitations in contracts for sale. (1) An action for breach of any contract for sale must be commenced within four (4) years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one (1) year but may not extend it.

For collection of a debt on an account, where there is an agreement in writing, the statute of limitations is five years. (Refer to §5-216.) For collection of a debt on an account, where there is an oral agreement, the statute of limitations is four years.

5-217. Action on oral contract. Within four (4) years: An action upon a contract, obligation or liability not founded upon an instrument of writing.

20-216. Records, reports and statistics. (1) The board shall keep a record of and require reports from all persons on parole or probation and enforce observance of rules and regulations for parole or probation established by the commission or the courts.

A person is guilty of a misdemeanor malicious injury to property if the damage does not exceed $1000 and is unrelated to any common scheme or plan. Misdemeanor Injury to Property may be punished by imprisonment in the county jail for up to one (1) year, a fine of not more than one thousand dollars ($1,000), or both.

For written contracts, the statute of limitations is five years. (Refer to §5-216.) For oral contracts, the statute of limitations is four years. (Refer to §5-217.)

5-216. Action on written contract. Within five (5) years: An action upon any contract, obligation or liability founded upon an instrument in writing.

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Idaho Limitation of Remedies, Election of Remedies, and the Cumulative Remedies Provision