Current through September 2, 2024
Section 20.03.08.010 - DEFINITIONS01.Board. The Idaho State Board of Land Commissioners or such representative as may be designated by the Board.02.Damage or Impairment of Rights to the Remainder of the Property. The diminution of the market value of the remainder area, in the case of a partial taking.03.Department. The Idaho Department of Lands.04.Director. The Director of the Department of Lands or such representative as may be designated by the Director.05.Easement. A non-possessory interest in land for a specific purpose. Such interest may be limited to a specified term.06.Endowment Lands. Land grants made to the state of Idaho by the Congress of the United States, or real property subsequently acquired through land exchange or purchase, for the sole use and benefit of the public schools and certain other institutions of the state, comprising nine (9) grants altogether.07.Market Value. The most probable price at a specified date, in cash, or on terms reasonably equivalent to cash, for which the property should bring in a competitive and open market under all conditions requisite to a fair sale, the buyer and seller each acting prudently and knowledgeably, and assuming the price is not affected by undue stimulus.08.State-Owned Lands. All lands within the jurisdiction of the Idaho State Board of Land Commissioners except for state-owned submerged lands or formerly submerged lands.09.Temporary Permit. An instrument authorizing a specific use on state land usually issued for five (5) years or less, but that may be issued for up to ten (10) years.Idaho Admin. Code r. 20.03.08.010