Bill > HB1015

This bill modifies New Hampshire's real estate disclosure laws by requiring sellers to specifically disclose the presence or absence of Japanese knotweed (an invasive plant species known for its aggressive growth and potential to damage building foundations and infrastructure) on a property at the time of sale. The bill amends existing statutes to add Japanese knotweed to the list of items that must be disclosed during a real estate transaction, alongside other existing requirements such as information about water supply and sewage systems. If the seller is unsure about the presence of Japanese knotweed, they must also disclose this uncertainty in writing. The new requirement will take effect 60 days after the bill's passage, giving sellers and real estate professionals time to adjust to the new disclosure mandate. This legislation aims to provide potential buyers with more comprehensive information about the property they are purchasing, specifically highlighting potential environmental and structural challenges posed by Japanese knotweed.

Business and Industry

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1526&inflect=2