New Jersey Senate Bill S2195

New Jersey 2024-2025 Regular Session

• Introduced: 1/9/24
• Refer: 1/9/24

Caption

Requires disclosure of cellular telephone transmitters upon sale or lease of certain residential property.

Impact

The enactment of S2195 will significantly alter the real estate transaction process within New Jersey. Sellers and landlords will be obligated to disclose information that previously may not have been a legal requirement, enhancing consumer awareness and potentially reshaping buyers' decisions. The law empowers consumers while placing a new responsibility on property sellers and landlords, who could face fines of up to $500 for failing to comply with these disclosure requirements. Municipal clerks will also play a crucial role in managing the lists of cellular transmitters, which allows for greater transparency at the local level.

Summary

Senate Bill S2195 aims to require the disclosure of cellular telephone transmitters when residential properties are sold or leased. Specifically, the legislation mandates that sellers or landlords must inform potential buyers or renters about the presence and location of cellular transmitters that are situated within 100 feet of the property in question. This requirement is designed to ensure that purchasers are fully aware of any nearby cellular infrastructure that might affect their living environment, addressing potential concerns regarding health impacts or property value. The bill will also require municipal clerks to maintain an up-to-date list of all cellular transmitters within their jurisdictions.

Contention

As with many regulatory changes, S2195 could generate debate. Proponents argue that increased transparency regarding the presence of cellular transmitters is crucial for consumer protection. Concerns tend to focus on the health implications and property values associated with such infrastructure. Detractors, however, may view the requirements as excessive regulation that could complicate the real estate market and potentially deter investment. Additionally, the practical challenges of maintaining updated lists and the administrative burden on municipalities could be points of contention during the legislative discussions.