HB178 (2005) Detail

Requiring disclosure of documents prior to a residential real estate closing.


HB 178 – AS INTRODUCTED

2005 SESSION

05-0406

05/09

HOUSE BILL 178

AN ACT requiring disclosure of documents prior to a residential real estate closing.

SPONSORS: Rep. Slocum, Hills 6

COMMITTEE: Commerce

ANALYSIS

This bill requires the disclosure of closing documents 3 days prior to a residential real estate closing.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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.

Links

HB178 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB178 Revision: 8663 Date: Jan. 21, 2010, midnight

Docket