This bill proposes the creation of a new section in chapter 47-10 of the North Dakota Century Code that mandates sellers of residential real property to disclose any known radon hazards to potential buyers. The bill defines key terms such as "buyer," "mitigation," "seller," and "test," and requires sellers to provide a written disclosure statement about radon gas, including information on health risks associated with radon exposure and guidance on obtaining further information from local health authorities. Additionally, if a seller is aware that the property has undergone radon testing, they must provide the test results and any evidence of mitigation to the buyer prior to finalizing the sale.

Furthermore, the bill stipulates that the disclosure of radon testing results does not imply any warranty or guarantee regarding the accuracy of the results or the effectiveness of mitigation measures. It clarifies that compliance with these disclosure requirements does not create a right for the buyer to rescind the purchase contract unless explicitly stated in the agreement. Importantly, sellers and their agents are granted immunity from liability for claims related to the presence of radon gas or progeny in the property, provided they adhere to the disclosure obligations outlined in the bill.