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HB1133: relative to disclosures required prior to a condominium sale.
Bill details
Version history, amendments, and roll-call votes were not present in the imported local bill data.
Sponsors
- Susan W Almy House · Graf 18
Topics
Official links
CHAPTER 73
HB 1133 – FINAL VERSION
11Mar2004… 0404h
04/15/04 1081s
2004 SESSION
03-2059
05/09
HOUSE BILL 1133
AN ACT relative to disclosures required prior to a condominium sale.
ANALYSIS
This bill requires the seller to disclose certain information to a prospective condominium buyer.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
11Mar2004… 0404h
04/15/04 1081s
03-2059
05/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Four
AN ACT relative to disclosures required prior to a condominium sale.
Be it Enacted by the Senate and House of Representatives in General Court convened:
73:1 New Section; Notification Required Prior to Condominium Sale. Amend RSA 477 by inserting after section 4-e the following new section:
477:4-f Notification Required Prior to Condominium Sale. Prior to or during the preparation of an offer for the purchase and sale of any condominium unit, the seller shall provide written notice to the buyer that the buyer has the right to obtain the information in RSA 356-B:58, I from the condominium unit owners’ association. Such information shall include a copy of the condominium declaration, by-laws, any formal rules of the association, a statement of the amount of monthly and annual fees, and any special assessments made within the last 3 years. The buyer shall acknowledge receipt of the notice required under this section by signing a copy thereof.
73:2 New Subparagraphs; Condominium Act; Resale by Purchaser; Right to Condominium Instruments and Statement of Fees. Amend RSA 356-B:58, I by inserting after subparagraph (g) the following new subparagraphs:
(h) A copy of the condominium declaration, by-laws, and any formal rules of the association.
(i) A statement of the amount of monthly and annual fees, and any special assessments made within the last 3 years.
73:3 Effective Date. This act shall take effect January 1, 2005.
(Approved: May 7, 2004)
(Effective Date: January 1, 2005)