Terms Used In Idaho Code 33-3202

  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Property: includes both real and personal property. See Idaho Code 73-114
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories; and the words "United States" may include the District of Columbia and territories. See Idaho Code 73-114
All the rights, powers, duties, and title to real estate or personal property belonging to or vested in said Southern Idaho College of Education are hereby vested in the state board of land commissioners and their successors in office with full power vested in the state board of land commissioners to lease or sell such property in their name and in the name of the state of Idaho.