Assigned to NREW AS PASSED BY COMMITTEE
ARIZONA STATE SENATE
Fifty-Third Legislature, Second Regular Session
AMENDED
real property; conveyance; disclosure
Purpose
Requires a seller of real property to give written notice to a buyer informing them of household products that may require special disposal.
Background
Current law outlines responsibilities for an owner of real property to provide written notice disclosing certain information about the property to the buyer prior to transferring ownership (A.R.S. § 33-434.01).
Statute defines lead acid battery as a battery with a core of elemental lead and a capacity of six or more volts that is suitable for use in a vehicle or a boat (A.R.S. § 44-1321).
There is no anticipated fiscal impact to the state General Fund associated with this legislation.
Provisions
1. Requires an owner of real property to provide written notice to the purchaser before transferring
ownership stating:
a) certain common household products may contain toxic chemicals that require special disposal; and
b) the buyer may contact a city, town or county environment department for information on how to safely dispose of or recycle these products.
2. Exempts the initial transfer of real property made pursuant to a construction contract from the
notice requirement.
3. Becomes effective on the general effective date.
Amendments Adopted by Committee
· Exempts specified real property transfers from the notification requirement.
Senate Action
NREW 2/05/18 DPA 8-0-0
Prepared by Senate Research
February 6, 2018
KK/IC/lat