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State Statutes - Idaho - Title 28 - Chapter 12 - 28-12-403
Idaho Statutes
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28-12-403 - RETRACTION OF ANTICIPATORY REPUDIATION
(1) Until the
repudiating party's next performance is due, the repudiating party can retract
the repudiation unless, since the repudiation, the aggrieved party has
cancelled the lease contract or materially changed the aggrieved party's
position or otherwise indicated that the aggrieved party considers the
repudiation final.
(2) Retraction may be by any method that clearly indicates to the
aggrieved party that the repudiating party intends to perform under the lease
contract and includes any assurance demanded under section 28-12-401.
(3) Retraction reinstates a repudiating party's rights under a lease
contract with due excuse and allowance to the aggrieved party for any delay
occasioned by the repudiation.
 
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