This bill introduces a new section to chapter 47-10 of the North Dakota Century Code, which mandates that sellers of residential real property disclose any known radon hazards to potential buyers before finalizing a sale. The bill defines key terms such as "buyer," "mitigation," "seller," and "test," and requires sellers to provide a written disclosure statement about the risks associated with radon gas, including a warning that elevated levels may be present in North Dakota homes. Additionally, if a seller is aware that the property has undergone radon testing, they must provide the buyer with the test results and any evidence of mitigation efforts.
Furthermore, the bill stipulates that sellers or their agents are not liable for claims related to the presence of radon gas or radon progeny, provided they comply with the disclosure requirements outlined in the new section. It clarifies that the disclosure does not create a contingency for the purchase of the property unless explicitly stated in the contract. This legislation aims to enhance transparency regarding radon hazards in residential properties, thereby protecting buyers and promoting informed decision-making.