summary
Introduced
01/21/2025
01/21/2025
In Committee
01/21/2025
01/21/2025
Crossed Over
Passed
Dead
04/24/2025
04/24/2025
Introduced Session
2025 Regular Session
Bill Summary
Information and disclosures concerning radon. Establishes that, before signing a purchase agreement to sell or transfer residential property, an individual or entity issued a broker's real estate license by the Indiana real estate commission representing a seller shall ensure that the seller: (1) provides a radon warning statement to the buyer; (2) discloses in writing to the buyer any knowledge the seller has of radon concentrations in the dwelling; and (3) provides the buyer with a guide on radon, testing, and mitigation published by the Indiana department of health.
AI Summary
This bill amends Indiana real estate law to require licensed real estate brokers representing sellers to provide specific radon-related disclosures when selling residential property. Before a purchase agreement is signed, the seller must provide a written warning statement from the Indiana Department of Health that strongly recommends radon testing, explains the health risks of radon (a Class A human carcinogen linked to lung cancer), and notifies potential buyers that the property may expose occupants to dangerous radon levels. The seller must also disclose in writing any known radon test results, test records, concentration levels, mitigation efforts, and details about any existing radon mitigation systems. Additionally, the seller must provide the buyer with a radon guide published by the Indiana Department of Health. These disclosure requirements apply to all types of residential real estate transfers, including sales, exchanges, leases with purchase options, and other transfer methods. The buyer must acknowledge receipt of these disclosures by signing a notification. The bill aims to increase transparency about radon risks and help potential homebuyers make informed decisions about property purchases.
Committee Categories
Labor and Employment
Sponsors (1)
Last Action
First reading: referred to Committee on Employment, Labor and Pensions (on 01/21/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://iga.in.gov/legislative/2025/bills/house/1607/details |
Fiscal Note #1: Introduced | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1607/fiscal-notes/HB1607.01.INTR.FN001.pdf |
BillText | https://iga.in.gov/pdf-documents/124/2025/house/bills/HB1607/HB1607.01.INTR.pdf |
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