Friday, March 7, 2008

Connecticut Legislature Introduces Bill Requiring Disclosure of Environmental Hazards in all Residential Real Estate Transactions

HB 5874, was recently introduced in CT. The purpose of the bill is:

To require a written disclosure of proximity to an environmentally hazardous site prior to the sale of residential property and to give the potential purchaser of such property the right to terminate his or her obligation to purchase the property based upon such disclosure.

Read the full text of the bill here.

This is an important Bill that should be supported by anybody who believes that homebuyers have a right to know about environmental contamination on or near properties they are considering purchasing. Just spend a little time reading the stories on this blog and think about how many families could have been spared hardship and health risks if such a law existed in all states.

Disclosure: The company I work for - Environmental Data Resources - is a strong supporter of this bill.

If you would like to support HB 5874, send a letter indicating your support to:

The Honorable Richard Roy
Chair, Environment Committee
Connecticut House of Representatives
Legislative Office Building, Room 3201Hartford, CT 06106-1591

The Honorable Edward Meyer
Deputy Majority Whip
Chair, Environmental Committee
Connecticut State Senate
Legislative Office BuildingRoom 3200Hartford, CT 06106-1591

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