Vermont House Bill H0790

Vermont 2023-2024 Regular Session

• Introduced: 1/12/24
• Refer: 1/12/24

Caption

An act relating to requiring radon testing disclosure in residential real estate sales

Impact

If H0790 is enacted, it will add a new requirement to the real estate transaction process in Vermont. Specifically, this change will require real estate agents and sellers to be vigilant in obtaining and sharing radon testing information. While it aims to protect buyers by promoting transparency, the bill explicitly states that noncompliance with these disclosure requirements will not affect the marketability of the property's title. This provision might lessen the burden on sellers, yet it raises questions about the effectiveness of enforcement and the responsibility of the real estate industry to ensure compliance.

Summary

House Bill H0790 seeks to amend property laws in Vermont by introducing a mandatory radon testing disclosure for residential real estate sales. This bill requires sellers to inform prospective buyers whether a property has undergone radon testing and to provide a corresponding report if such tests have been conducted. The objective of this legislation is to ensure that potential homebuyers are fully informed about the radon testing status of the property they are considering purchasing, thereby enhancing public health and safety regarding radon exposure, which is a known risk factor for lung cancer.

Contention

The introduction of H0790 may lead to debates around the implications of mandatory disclosure laws. Proponents argue that the bill serves a public health purpose by preventing potential exposure to harmful radon levels in residential properties. However, some may contend that imposing such requirements could create resistance among sellers due to added responsibilities and possible costs associated with radon testing. Discussions may arise over the balance between consumer protection and the impact on the real estate market, including potential effects on property sales and prices.