{"data":{"id":"us-id/idaho-code-45-1201","jurisdiction":"us-id","citation":"Idaho Code § 45-1201","heading":"Definitions.","body":"As used in this chapter:\n(1) \"Beneficiary\" means both the record owner of the beneficiary’s interest under a trust deed, including successors in interest.\n(2) \"Reconveyance\" or \"reconvey\" means a reconveyance of a trust deed.\n(3) \"Satisfactory evidence\" of the full payment of an obligation secured by a trust deed means a payoff letter, the original cancelled check or a copy, including a voucher copy, of a check, payable to the beneficiary or a servicer, and reasonable documentary evidence that the check was intended to effect full payment under the trust deed or an encumbrance upon the property covered by the trust deed.\n(4) \"Servicer\" means a person or entity that collects loan payments on behalf of a beneficiary.\n(5) \"Title agent\" means a title insurance agent duly licensed as an organization under chapter 27, title 41, Idaho Code.\n(6) \"Title insurer\" means a title insurer duly authorized to conduct business in the state of Idaho under title 41, Idaho Code.\n(7) \"Trust deed\" means a trust deed as defined in section 45-1502, Idaho Code.","path":["TITLE 45 LIENS, MORTGAGES AND PLEDGES","CHAPTER 12 RECONVEYANCE"],"source_url":"https://legislature.idaho.gov/statutesrules/idstat/title45/t45ch12/sect45-1201/","current_through":"2026 Legislative Session","vintage":"","retrieved_at":"2026-09-04T11:22:04Z","sha256":"6ad95c1aecd381f5c9ea7648649a79d7b4e0b925e0c49fa55c1a69ea005309a3","source_id":"us-id","stale":false,"prev":"us-id/idaho-code-45-1107","next":"us-id/idaho-code-45-1202"},"notice":"GroundRules: Original legal text. Not legal advice."}