SELLER DISCLOSURE: SEX OFFENDERS - H.B. 4591 (H-1): COMMITTEE SUMMARY
House Bill 4591 (Substitute H-1 as passed by the House)
Sponsor: Representative Patricia Birkholz
House Committee: Regulatory Reform
Senate Committee: Economic Development, International Trade and Regulatory Affairs
Date Completed: 2-14-00
CONTENT
The bill would amend the Seller Disclosure Act to require that a seller's disclosure statement advise buyers that certain information compiled pursuant to the Sex Offenders Registration Act is available to the public, and that buyers seeking this information should contact the appropriate local law enforcement agency or sheriff's department directly.
(Under the Act, a person who transfers residential real property is required to give a seller's disclosure statement to the person's agent, the prospective transferee, or the transferee's agent. The statement is a disclosure of the condition of the property and information about it known to the seller. The statement must contain information about appliances, structural conditions and improvements, heating, plumbing, and electrical systems, environmental problems, and other items. The statement also must advise buyers to obtain professional advice and inspections of the property.)
MCL 565.957 - Legislative Analyst: S. Lowe
FISCAL IMPACT
The bill would have no fiscal impact on State or local government.
- Fiscal Analyst: B. BakerS9900\s4591sa
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.