Assembly Bill A1364

2009-2010 Legislative Session

Establishes a revised residential property condition disclosure statement; repealer

download bill text pdf

Sponsored By

Archive: Last Bill Status - In Assembly Committee


  • Introduced
    • In Committee Assembly
    • In Committee Senate
    • On Floor Calendar Assembly
    • On Floor Calendar Senate
    • Passed Assembly
    • Passed Senate
  • Delivered to Governor
  • Signed By Governor

Do you support this bill?

Please enter your contact information

Home address is used to determine the senate district in which you reside. Your support or opposition to this bill is then shared immediately with the senator who represents you.

Optional services from the NY State Senate:

Create an account. An account allows you to officially support or oppose key legislation, sign petitions with a single click, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.

Include a custom message for your Senator? (Optional)

Enter a message to your senator. Many New Yorkers use this to share the reasoning behind their support or opposition to the bill. Others might share a personal anecdote about how the bill would affect them or people they care about.
Actions

Bill Amendments

2009-A1364 - Details

Current Committee:
Assembly Judiciary
Laws Affected:
Rpld & add §462 sub 2, amd §§464 & 465, RP L

2009-A1364 - Summary

Establishes a revised residential property condition disclosure statement.

2009-A1364 - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                  1364

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced by M. of A. BRODSKY, PHEFFER -- read once and referred to the
  Committee on Judiciary

AN ACT to amend the real property law, in relation to property condition
  disclosure  in  the  sale  of residential real property; and to repeal
  subdivision 2 of section 462 of such  law  relating  to  the  property
  condition disclosure statement

  THE  PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section 1. Subdivision 2 of section 462 of the real  property  law  is
REPEALED and a new subdivision 2 is added to read as follows:
  2. THE FOLLOWING SHALL BE THE DISCLOSURE FORM:
                           PROPERTY CONDITION
                          DISCLOSURE STATEMENT
  NAME OF SELLER OR SELLERS:
  PROPERTY ADDRESS:
PURPOSE OF THE PROPERTY CONDITION DISCLOSURE STATEMENT:
  THE  PROPERTY CONDITION DISCLOSURE ACT REQUIRES THE SELLER OF RESIDEN-
TIAL REAL PROPERTY TO CAUSE THIS DISCLOSURE STATEMENT OR A COPY  THEREOF
TO  BE DELIVERED TO A BUYER OR BUYER'S AGENT PRIOR TO THE SIGNING BY THE
BUYER OF A BINDING CONTRACT OF SALE.
YOUR OBLIGATIONS AS A SELLER OF RESIDENTIAL REAL PROPERTY
  SELLERS MUST ANSWER THE QUESTIONS ON  THE  FORM  BASED  UPON  PROPERTY
CONDITIONS  THAT  THE  SELLER  KNOWS TO EXIST OR HAVE EXISTED, INCLUDING
THOSE CONDITIONS MADE KNOWN TO THE SELLER BY OTHERS. THE SELLER  IS  NOT
REQUIRED  TO  INVESTIGATE THE PROPERTY IN ORDER TO ANSWER THE QUESTIONS.
"RESIDENTIAL REAL PROPERTY" MEANS REAL PROPERTY IMPROVED  BY  A  ONE  TO
FOUR  FAMILY  DWELLING USED OR OCCUPIED, OR INTENDED TO BE USED OR OCCU-
PIED, WHOLLY OR PARTLY, AS THE HOME OR RESIDENCE OF ONE OR MORE PERSONS,
BUT SHALL NOT REFER TO (A) UNIMPROVED  REAL  PROPERTY  UPON  WHICH  SUCH
DWELLINGS  ARE TO BE CONSTRUCTED OR (B) CONDOMINIUM UNITS OR COOPERATIVE

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

2009-A1364A - Details

Current Committee:
Assembly Judiciary
Laws Affected:
Rpld & add §462 sub 2, amd §§464 & 465, RP L

2009-A1364A - Summary

Establishes a revised residential property condition disclosure statement.

2009-A1364A - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 1364--A

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced  by  M.  of  A.  BRODSKY, PHEFFER, SCHROEDER -- read once and
  referred to the Committee on Judiciary -- committee  discharged,  bill
  amended,  ordered reprinted as amended and recommitted to said commit-
  tee

AN ACT to amend the real property law, in relation to property condition
  disclosure in the sale of residential real  property;  and  to  repeal
  subdivision  2  of  section  462  of such law relating to the property
  condition disclosure statement

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  2 of section 462 of the real property law is
REPEALED and a new subdivision 2 is added to read as follows:
  2. THE FOLLOWING SHALL BE THE DISCLOSURE FORM:
                           PROPERTY CONDITION
                          DISCLOSURE STATEMENT
  NAME OF SELLER OR SELLERS:
  PROPERTY ADDRESS:
PURPOSE OF THE PROPERTY CONDITION DISCLOSURE STATEMENT:
  THE PROPERTY CONDITION DISCLOSURE ACT REQUIRES THE SELLER OF  RESIDEN-
TIAL  REAL PROPERTY TO CAUSE THIS DISCLOSURE STATEMENT OR A COPY THEREOF
TO BE DELIVERED TO A BUYER OR BUYER'S AGENT PRIOR TO THE SIGNING BY  THE
BUYER OF A BINDING CONTRACT OF SALE.
YOUR OBLIGATIONS AS A SELLER OF RESIDENTIAL REAL PROPERTY
  SELLERS  MUST  ANSWER  THE  QUESTIONS  ON THE FORM BASED UPON PROPERTY
CONDITIONS THAT THE SELLER KNOWS TO EXIST  OR  HAVE  EXISTED,  INCLUDING
THOSE  CONDITIONS  MADE KNOWN TO THE SELLER BY OTHERS. THE SELLER IS NOT
REQUIRED TO INVESTIGATE THE PROPERTY IN ORDER TO ANSWER  THE  QUESTIONS.
"RESIDENTIAL  REAL  PROPERTY"  MEANS  REAL PROPERTY IMPROVED BY A ONE TO
FOUR FAMILY DWELLING USED OR OCCUPIED, OR INTENDED TO BE USED  OR  OCCU-
PIED, WHOLLY OR PARTLY, AS THE HOME OR RESIDENCE OF ONE OR MORE PERSONS,

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

co-Sponsors

multi-Sponsors

2009-A1364B (ACTIVE) - Details

Current Committee:
Assembly Judiciary
Laws Affected:
Rpld & add §462 sub 2, amd §§464 & 465, RP L

2009-A1364B (ACTIVE) - Summary

Establishes a revised residential property condition disclosure statement.

2009-A1364B (ACTIVE) - Sponsor Memo

2009-A1364B (ACTIVE) - Bill Text download pdf

                            
                    S T A T E   O F   N E W   Y O R K
________________________________________________________________________

                                 1364--B

                       2009-2010 Regular Sessions

                          I N  A S S E M B L Y

                               (PREFILED)

                             January 7, 2009
                               ___________

Introduced  by  M.  of A. BRODSKY, PHEFFER, SCHROEDER, LUPARDO -- Multi-
  Sponsored by -- M. of A. LATIMER -- read  once  and  referred  to  the
  Committee  on Judiciary -- committee discharged, bill amended, ordered
  reprinted as amended and recommitted to said committee --  recommitted
  to the Committee on Judiciary in accordance with Assembly Rule 3, sec.
  2  -- committee discharged, bill amended, ordered reprinted as amended
  and recommitted to said committee

AN ACT to amend the real property law, in relation to property condition
  disclosure in the sale of residential real  property;  and  to  repeal
  subdivision  2  of  section  462  of such law relating to the property
  condition disclosure statement

  THE PEOPLE OF THE STATE OF NEW YORK, REPRESENTED IN SENATE AND  ASSEM-
BLY, DO ENACT AS FOLLOWS:

  Section  1.  Subdivision  2 of section 462 of the real property law is
REPEALED and a new subdivision 2 is added to read as follows:
  2. THE FOLLOWING SHALL BE THE DISCLOSURE FORM:
                 PROPERTY CONDITION DISCLOSURE STATEMENT
NAME OF SELLER OR SELLERS:
PROPERTY ADDRESS:
PURPOSE OF THE PROPERTY CONDITION DISCLOSURE STATEMENT:
  THE PROPERTY CONDITION DISCLOSURE ACT REQUIRES THE SELLER OF  RESIDEN-
TIAL  REAL PROPERTY TO CAUSE THIS DISCLOSURE STATEMENT OR A COPY THEREOF
TO BE DELIVERED TO A BUYER OR BUYER'S AGENT PRIOR TO THE SIGNING BY  THE
BUYER OF A BINDING CONTRACT OF SALE.
YOUR OBLIGATIONS AS A SELLER OF RESIDENTIAL REAL PROPERTY
  SELLERS  MUST  ANSWER  THE  QUESTIONS  ON THE FORM BASED UPON PROPERTY
CONDITIONS THAT THE SELLER KNOWS TO EXIST  OR  HAVE  EXISTED,  INCLUDING
THOSE  CONDITIONS  MADE KNOWN TO THE SELLER BY OTHERS. THE SELLER IS NOT
REQUIRED TO INVESTIGATE THE PROPERTY IN ORDER TO ANSWER  THE  QUESTIONS.
"RESIDENTIAL  REAL  PROPERTY"  MEANS  REAL PROPERTY IMPROVED BY A ONE TO

 EXPLANATION--Matter in ITALICS (underscored) is new; matter in brackets
                      [ ] is old law to be omitted.
              

Comments

Open Legislation is a forum for New York State legislation. All comments are subject to review and community moderation is encouraged.

Comments deemed off-topic, commercial, campaign-related, self-promotional; or that contain profanity, hate or toxic speech; or that link to sites outside of the nysenate.gov domain are not permitted, and will not be published. Attempts to intimidate and silence contributors or deliberately deceive the public, including excessive or extraneous posting/posts, or coordinated activity, are prohibited and may result in the temporary or permanent banning of the user. Comment moderation is generally performed Monday through Friday. By contributing or voting you agree to the Terms of Participation and verify you are over 13.

Create an account. An account allows you to sign petitions with a single click, officially support or oppose key legislation, and follow issues, committees, and bills that matter to you. When you create an account, you agree to this platform's terms of participation.