Bill

Bill > S02142


NY S02142

NY S02142
Requires the disclosure of lead-based paint test reports in real estate transactions.


summary

Introduced
01/20/2021
In Committee
01/05/2022
Crossed Over
Passed
Dead
12/31/2022

Introduced Session

2021-2022 General Assembly

Bill Summary

AN ACT to amend the real property law, in relation to requiring the disclosure of lead-based paint test reports in real estate transactions

AI Summary

This bill requires the disclosure of lead-based paint test reports in real estate transactions. Specifically, it mandates that every seller of residential real property deliver to the buyer a certificate and report indicating whether the property has been tested for lead-based paint prior to the signing of a binding contract of sale. The bill also requires landlords to provide tenants with any existing reports on lead-based paint or lead-based paint hazards in the property. The purpose is to increase transparency and awareness around potential lead-based paint issues, in order to better prevent lead poisoning, especially in older housing stock.

Committee Categories

Justice

Sponsors (19)

Last Action

COMMITTED TO RULES (on 06/03/2022)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...