This bill amends the property disclosure requirements in real estate transactions by mandating that sellers disclose the presence of Japanese knotweed on the property at the time of sale. Specifically, it introduces a new paragraph to RSA 477:4-d, requiring sellers to complete and sign a disclosure form indicating whether Japanese knotweed is present as of the date of sale. This addition aims to inform potential buyers about the condition of the property regarding this invasive plant species.

Additionally, the bill modifies existing language in RSA 477:4-d, II, by removing the mention of "and" before "insulation" and inserting "or Japanese knotweed" to clarify that the absence of information regarding Japanese knotweed must also be disclosed in writing if applicable. The bill is set to take effect 60 days after its passage.

Statutes affected:
Introduced: 477:4-d
HB1015 text: 477:4-d