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Bill > HB05173


CT HB05173

CT HB05173
An Act Prohibiting Residential Real Property Transactions That Condition The Sale Of Property On Home Inspection Limitations.


summary

Introduced
01/14/2025
In Committee
01/14/2025
Crossed Over
Passed
Dead
06/04/2025

Introduced Session

2025 General Assembly

Bill Summary

To prohibit a seller of residential real property from (1) conditioning the sale of such property on the prospective buyer waiving or limiting a home inspection of such property, or (2) accepting an offer from such prospective buyer if such seller has been informed in advance that such prospective buyer intends to waive or limit such prospective buyer's right to a home inspection of such property.

AI Summary

This bill proposes to protect prospective home buyers by preventing residential real estate sellers from making home sale transactions contingent on the buyer waiving or limiting their right to a home inspection. Specifically, the bill would prohibit sellers from two key actions: first, they cannot condition the sale of a property on the buyer agreeing to waive or limit a home inspection, and second, they cannot accept an offer from a buyer if they know in advance that the buyer intends to waive or limit their home inspection rights. Home inspections are critical in real estate transactions as they allow potential buyers to assess the condition of a property, identifying potential structural, safety, or maintenance issues before finalizing a purchase. By preventing sellers from restricting home inspections, the bill aims to protect buyers from potentially purchasing properties with hidden defects or problems that might not be immediately apparent, thus ensuring more transparent and fair real estate transactions.

Committee Categories

Business and Industry

Sponsors (2)

Last Action

Referred to Joint Committee on Insurance and Real Estate (on 01/14/2025)

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