The proposed bill would amend section 33-434.01 of the Arizona Revised Statutes by updating the language regarding property ownership transfers related to soil remediation. Specifically, it would replace references to "section 49-104, subsection B, paragraph 16" with "title 49, chapter 1, article 4" in two instances, ensuring that the statute aligns with the current legal framework governing soil remediation. Additionally, the bill clarifies that property owners must provide written notice of soil remediation to potential purchasers if they have actual knowledge of such remediation, unless the remediation meets standards for residential uses as defined by the updated statute.
Furthermore, the bill would remove the outdated definition of "residential use" that was previously included in the statute. This definition described the types of properties where residents might frequently contact the soil, such as dwellings and child care centers. By eliminating this language, the bill streamlines the statute while maintaining the essential requirement for property owners to disclose soil remediation information to buyers.
Statutes affected: Introduced Version: 33-434.01