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S05112 Summary:

BILL NOS05112
 
SAME ASNo Same As
 
SPONSORSCARCELLA-SPANTON
 
COSPNSR
 
MLTSPNSR
 
Add §467, RP L
 
Requires radon inspections by sellers for the sale of residential real property; provides exemptions.
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S05112 Text:



 
                STATE OF NEW YORK
        ________________________________________________________________________
 
                                          5112
 
                               2025-2026 Regular Sessions
 
                    IN SENATE
 
                                    February 19, 2025
                                       ___________
 
        Introduced  by Sen. SCARCELLA-SPANTON -- read twice and ordered printed,
          and when printed to be committed to the Committee on Judiciary
 
        AN ACT to amend the real property law, in relation  to  requiring  radon
          inspections by sellers on the sale of residential real property
 
          The  People of the State of New York, represented in Senate and Assem-
        bly, do enact as follows:
 
     1    Section 1. The real property law is amended by adding  a  new  section
     2  467 to read as follows:
     3    §  467.  Radon  inspection.  1.  Effective January first, two thousand
     4  twenty-six, every seller of residential real property pursuant to a real
     5  estate purchase contract shall deliver to a buyer or buyer's agent prior
     6  to the signing by the buyer of a binding contract of sale a  certificate
     7  that  such property has been tested for radon, and provide the report of
     8  such test. The seller shall attach a copy of the certificate  containing
     9  the  signature  of  the seller and any report of a test for radon to the
    10  real estate purchase contract.
    11    2. Any provision in a real estate purchase contract or any other docu-
    12  ment related to the transfer of title in residential real property  that
    13  purports  to  waive any right created under state or federal law for the
    14  buyer to conduct a risk assessment or  inspection  of  the  property  to
    15  determine  the presence of radon, or any oral agreement that purports to
    16  waive such right, is null and void as against  public  policy,  notwith-
    17  standing that such waivers might otherwise be permitted by federal law.
    18    3.  A  certificate  that such property has been tested for radon shall
    19  not be required in connection with any of  the  following  transfers  of
    20  residential real property:
    21    (a) A transfer to a beneficiary of a deed of trust;
    22    (b) A transfer by a fiduciary in the course of the administration of a
    23  decedent's estate, a guardianship, a conservatorship, or a trust;
    24    (c) A transfer from one co-owner to one or more other co-owners;
 
         EXPLANATION--Matter in italics (underscored) is new; matter in brackets
                              [ ] is old law to be omitted.
                                                                   LBD08828-01-5

        S. 5112                             2
 
     1    (d)  A  transfer  made  to  the  transferor's spouse or to one or more
     2  persons in the lineal consanguinity of one or more of the transferors;
     3    (e)  A  transfer  between  spouses  or former spouses as a result of a
     4  decree of divorce, dissolution of marriage, annulment,  or  legal  sepa-
     5  ration  or as a result of property settlement, agreement incidental to a
     6  decree of divorce, dissolution of marriage,  annulment  or  legal  sepa-
     7  ration;
     8    (f)  A  transfer  to or from the state, a political subdivision of the
     9  state, or another governmental entity;
    10    (g) A transfer by a sheriff; or
    11    (h) A transfer pursuant to a partition action.
    12    4. Nothing contained in  this  article  is  intended  to  prevent  the
    13  parties  to a contract of sale from entering into agreements of any kind
    14  or nature with respect to the physical condition of the property  to  be
    15  sold,  including,  but  not  limited to, agreements for the sale of real
    16  property "as is".
    17    5. An agent representing a seller of residential real  property  as  a
    18  listing  broker,  or,  if the seller is not represented by an agent, the
    19  agent representing the buyer of residential real  property  and  dealing
    20  with  a prospective seller, shall have the duty to timely (in any event,
    21  before the buyer signs a binding contract of sale) inform each seller of
    22  the seller's obligations under this section.  An  agent  representing  a
    23  buyer  of residential real property, or, if the buyer is not represented
    24  by an agent, the agent representing a seller of residential real proper-
    25  ty and dealing with a prospective buyer, shall have the duty  to  timely
    26  (in any event, before the buyer signs a binding contract of sale) inform
    27  such  buyer of the buyer's rights and obligations under this section. If
    28  an agent performs the duties and obligations  imposed  upon  such  agent
    29  pursuant  to  this section, the agent shall have no further duties under
    30  this section and shall not be liable to any party  for  a  violation  of
    31  this  article.  The  department  of  state may, pursuant to section four
    32  hundred forty-one-c of this chapter, revoke or suspend the license of an
    33  agent who violates this section.
    34    § 2. This act shall take effect immediately.
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