CHAPTER 177
HB 549 – FINAL VERSION
27Mar2007… 0888h
2007 SESSION
08/03
HOUSE BILL 549
AN ACT relative to accepting a purchase and sale agreement on developed waterfront property.
SPONSORS: Rep. DeStefano, Merr 13; Rep. Kidder, Merr 1; Rep. Patten, Carr 4; Rep. D. Eaton, Ches 2; Sen. Gottesman, Dist 12; Sen. Clegg, Dist 14; Sen. Odell, Dist 8; Sen. Gallus, Dist 1
This bill allows a buyer and a seller to execute a purchase and sale agreement for developed waterfront property using a septic disposal system before a site assessment study is available.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
27Mar2007… 0888h
07-0877
08/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seven
AN ACT relative to accepting a purchase and sale agreement on developed waterfront property.
Be it Enacted by the Senate and House of Representatives in General Court convened:
177:1 Waterfront Property Sale; Site Assessment Study. Amend RSA 485-A:39, I to read as follows:
I. Prior to the execution of a purchase and sale agreement for any developed waterfront property using a septic disposal system, the owner of the property shall, at his or her expense, engage a permitted subsurface sewer or waste disposal system designer to perform a site assessment study to determine if the site meets the current standards for septic disposal systems established by the department. The site assessment study shall include an on-site inspection. If the site assessment is not complete prior to the time that the buyer and seller enter into a purchase and sale contract, the contract shall be subject to the buyer’s acceptance of the completed site assessment.
177:2 Effective Date. This act shall take effect 60 days after its passage.
Approved: June 18, 2007
Effective: August 17, 2007