H.B. 5938: COMMITTEE SUMMARY - REAL ESTATE TRANS.: NONDISCLOSURE
House Bill 5938 (as passed by the House)
Sponsor: Representative James M. Middaugh
First House Committee: Commerce
Second House Committee: Judiciary
Senate Committee: Judiciary
CONTENT
The bill would amend the Occupational Code to prohibit a legal action against a real estate broker, an associate broker, or a real estate salesperson for failure to disclose any information from the compilation provided or made available to the public under the Sex Offenders Registration Act.
The Code currently prohibits actions against those people for failure to disclose to a purchaser or lessee of real property that a former occupant had or was suspected of having a disability or that the property was or was suspected to have been the site of a homicide, suicide, or other crime that had no material effect on the condition of the property or improvements located on it. The bill would add failure to disclose sex offender registration information to that list of nondisclosures for which a real estate professional is not liable.
MCL 339.2518 - Legislative Analyst: P. Affholter
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
- Fiscal Analyst: M. TyszkiewiczS9798\S5938SA
This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.