HB1234 (2010) Detail

Relative to disclosure of property rights and responsibilities in the sale of shorefront property.


HB 1234 – AS INTRODUCED

2010 SESSION

10-2295

06/04

HOUSE BILL 1234

AN ACT relative to disclosure of property rights and responsibilities in the sale of shorefront property.

SPONSORS: Rep. Webb, Merr 2; Rep. Palfrey, Merr 2

COMMITTEE: Commerce and Consumer Affairs

ANALYSIS

This bill requires the seller of shorefront property to disclose to the purchaser the rights and responsibilities of shorefront ownership.

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

10-2295

06/04

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Ten

AN ACT relative to disclosure of property rights and responsibilities in the sale of shorefront property.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Disclosure Required Upon Sale or Rental of Shorefront Property. Amend RSA 477 by inserting after section 4-g the following new section:

477:4-h Sale or Rental of Shorefront Property; Disclosure. Prior to the execution of any contract for the purchase and sale of any interest in real property, or any lease for the rental of real property, which falls within the protection of this chapter, the seller shall disclose to the buyer and the lessor shall disclose to the lessee the rights and responsibilities of the shoreland owner on a form developed and adopted by the department of environmental services. The buyer shall acknowledge receipt of this disclosure by signing a copy of such disclosure.

2 Effective Date. This act shall take effect 60 days after its passage.

Links

HB1234 at GenCourtMobile

Action Dates

Date Body Type

Bill Text Revisions

HB1234 Revision: 15177 Date: Dec. 10, 2009, midnight

Docket