Bill > LD413

This bill modifies Maine's real estate disclosure law by requiring sellers of residential property to provide detailed information about any shoreland zoning ordinance issues when selling their property. Specifically, sellers must now disclose specific types of legal and administrative actions related to shoreland zoning, including notices of violation issued by municipal or state officials, any pending enforcement actions, ongoing litigation, court judgments, and any settlements or consent agreements concerning shoreland zoning. Shoreland zoning refers to regulations governing land use and development near water bodies, which are designed to protect water quality, wildlife habitats, and prevent erosion. The bill aims to increase transparency in real estate transactions by ensuring potential buyers are fully informed about any existing legal or regulatory challenges associated with the property's shoreland zone status. This provision will help buyers make more informed decisions and understand potential future complications or costs related to shoreland zoning compliance.

Housing and Urban Affairs

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=413&snum=132