This bill introduces a new section to chapter 47-10 of the North Dakota Century Code, mandating 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 radon gas, which poses health risks when accumulated in buildings. 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 prior to the sale.

Furthermore, the bill stipulates that sellers or their agents are not liable for claims related to the presence of radon gas or progeny in the property, provided they comply with the disclosure requirements. It clarifies that the disclosure does not create a contingency for the purchase or a right to rescind the contract unless explicitly stated in the agreement. This legislation aims to enhance transparency regarding radon hazards in residential properties, thereby protecting buyers and promoting informed decision-making.