Idaho State Statutes - Idaho Attorney Directory

(1) An action for default under a
lease contract, including breach of warranty or indemnity, must be commenced
within four (4) years after the cause of action accrued. By the original lease
contract the parties may reduce the period of limitation to not less than one
(1) year.
(2) A cause of action for default accrues when the act or omission on
which the default or breach of warranty is based is or should have been
discovered by the aggrieved party, or when the default occurs, whichever is
later. A cause of action for indemnity accrues when the act or omission on
which the claim for indemnity is based is or should have been discovered by
the indemnified party, whichever is later.
(3) If an action commenced within the time limited by the provision of
subsection (1) of this section is so terminated as to leave available a remedy
by another action for the same default or breach of warranty or indemnity, the
other action may be commenced after the expiration of the time limited and
within six (6) months after the termination of the first action unless the
termination resulted from voluntary discontinuance or from dismissal for
failure or neglect to prosecute.
(4) The provisions of this section do not alter the law on tolling of the
statute of limitations nor does it apply to causes of action that have accrued
before this chapter becomes effective.

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