summary
Introduced
02/09/2026
02/09/2026
In Committee
02/09/2026
02/09/2026
Crossed Over
Passed
Dead
Introduced Session
2026-2027 Regular Session
Bill Summary
This bill requires sellers of real property to disclose in writing any knowledge of the seller regarding a dam located on the property. The bill requires the Department of Community Affairs to add certain questions to the property condition disclosure statement to provide purchasers of property with information concerning dams on the property being sold. The bill also requires the Department of Consumer Affairs, in consultation with the Department of Environmental Protection, to include notification in the disclosure requirements and form distributed to purchasers of real property that the purchaser may obtain information relating to the ownership responsibilities, removal, and hazard classification of dams on the website maintained by the Department of Environmental Protection and linked to on the website of the Department of Community Affairs.
AI Summary
This bill requires sellers of real property to disclose in writing any knowledge they have about a dam located on their property before a sale is finalized. The Department of Community Affairs will update the property condition disclosure statement, a form buyers receive to understand the property's condition, to include specific questions about dams, such as their location, hazard classification, inspection results, and any associated ownership responsibilities under state law. Additionally, the Division of Consumer Affairs, working with the Department of Environmental Protection (DEP), will ensure that disclosure requirements inform buyers they can find detailed information about dam ownership, removal, and hazard classifications on the DEP's website, which will be linked from the Department of Community Affairs' website. This initiative aims to provide potential property owners with crucial information about dams on the land they are considering purchasing.
Committee Categories
Business and Industry
Sponsors (1)
Last Action
Introduced in the Senate, Referred to Senate Commerce Committee (on 02/09/2026)
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://www.njleg.state.nj.us/bill-search/2026/S3403 |
| BillText | https://pub.njleg.gov/Bills/2026/S3500/3403_I1.HTM |
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