Terms Used In Idaho Code > Title 41 > Chapter 24 - Property Insurance Contracts

• Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
• Contract: A legal written agreement that becomes binding when signed.
• Deed: The legal instrument used to transfer title in real property from one person to another.
• Mortgagee: The person to whom property is mortgaged and who has loaned the money.
• Property: includes both real and personal property. See Idaho Code 73-114
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
• 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