Bill > A05026

This bill requires sellers of real property to provide a certificate of occupancy to the purchaser before executing a deed of sale, with the certificate having been issued within 30 days of the property transfer. The bill includes several important exceptions to this requirement, such as transfers to relatives, court-ordered transfers (like those in foreclosure, divorce, or bankruptcy proceedings), transfers by municipalities or estate executors, and transfers of properties without dwellings. The law specifically protects purchasers by declaring any agreement that attempts to waive these rights as void and against public policy. A certificate of occupancy is an official document issued by a local government agency that certifies a building's compliance with building codes and indicates the property is suitable for occupancy. The bill will take effect 120 days after becoming law, giving property owners and real estate professionals time to adjust to the new requirements. This legislation aims to provide greater transparency and protection for property buyers by ensuring they receive documentation about the legal occupancy status of the property they are purchasing.

Justice

https://www.nysenate.gov/legislation/bills/2025/A5026