Amendments to the Residential Disclosure Act
Renames the “red-flag” disclosure statement the “buyer to beware” statement.
Adds the following buyer to beware statements:
- Owner makes no representations with respect to underlying conservation or other easements.
- Owner makes no representations with respect to an underlying community development authority.
Allows for electronic delivery of the form to the potential purchaser. Otherwise, cleans up the Residential Disclosure Act.
Click the link to read the bill and see the latest status: HB 2034 – J. Miller