Requires sellers of real property to disclose presence of dams.
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Progress
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- Introduced
- Passed Senate
- Passed General Assembly
- To Governor
- Became Law
Overview
This bill requires sellers of real property in New Jersey to disclose if a dam is located on the property. To ensure transparency for potential buyers, the Division of Consumer Affairs will update the standard property condition disclosure statement to include questions about dams. The Department of Environmental Protection will also provide resources and information on dams and their regulations through its website, allowing buyers and sellers to understand potential risks and responsibilities.
Bill text
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