HB 178 – AS INTRODUCTED
2005 SESSION
05/09
HOUSE BILL 178
AN ACT requiring disclosure of documents prior to a residential real estate closing.
SPONSORS: Rep. Slocum, Hills 6
This bill requires the disclosure of closing documents 3 days prior to a residential real estate closing.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
05-0406
05/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Five
AN ACT requiring disclosure of documents prior to a residential real estate closing.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Section; Conveyances and Mortgages of Realty; Disclosure Required Prior to Closing. Amend RSA 477 by inserting after section 4-f the following new section:
477:4-g Disclosure Required Prior to Residential Real Estate Closing. The parties to a residential real estate transaction shall receive a copy of all documents required to execute the contract for the purchase and sale of the property at least 3 days prior to the closing.
2 Effective Date. This act shall take effect January 1, 2006.