This bill, titled "Shoreland Real Estate Transfer," requires buyers, lessees, and transferees of shoreland property to acknowledge minimum requirements for compliance with the shoreland water quality protection act. Prior to the sale, lease, or transfer of any shoreland protected real property, the seller, lessor, or transferor must provide the intended purchasers, lessees, or transferees with the "minimum standards" document published by the shoreland section of the department of environmental services. The buyers, lessees, or transferees must acknowledge by signature that they have read and understood the document. A copy of the signed acknowledgment must be included in the buyer's closing binder or incorporated into the lease or given to the transferees. Any violation of this requirement, along with any violation of the shoreland protection act or the department's rules and regulations, will result in a civil penalty against the property owner.

The bill also states that if any shoreland requirements are relaxed or rescinded in the future, those changes will not be applied retroactively. The bill will take effect on January 1, 2025.