Disclosing ownership of a dam to prospective buyers of certain real property and updating disclosure reports for certain real property

What it does

Summary by the Legislative Reference Bureau, the Legislature's nonpartisan drafting office. It's their wording, not ours.

Under current law, with certain exceptions, owners selling residential real property or vacant land must give prospective buyers a form, known as a real estate condition report for residential real property and as the vacant land disclosure report for vacant land, on which the owner discloses certain conditions of, and other information about, the real property of which the owner is aware. This bill requires an owner to disclose on the applicable report whether the owner has notice or knowledge that a dam is located on the property or that ownership of a dam that is collectively owned by a homeowner association, lake district, or other group runs with the property even though the dam is not located on the property. This bill also updates the real estate condition report and the vacant land disclosure report to indicate that the regulation of underground storage tanks was transferred to the Department of Agriculture, Trade and Consumer Protection.

Who's behind it

4 senators are its authors⁠. 2 are Democrats and 2 are Republicans.

7 more lawmakers signed on in support⁠.

Versions and amendments

Every text the Legislature printed for this bill, including proposed changes. Each opens on the Legislature's site.

• Amendment Histories
• LC Amendment Memo