The Connecticut Department of Consumer Protection has finished revisions to the Residential Property Condition Disclosure Form as per Public Act 12-122 which was enacted in 2012.
The new disclosure form contains added provisions for the following:
- Community and association fees if applicable;
- The presence of or removal of underground storage tanks (namely oil);
- Suggestion that prospective buyer should seek building permit and certificate of occupancy information;
- Suggestion that property should be inspected;
- Information regarding prior or pending litigation, governmental or administrative actions, orders or liens relating to hazardous substances;
- Added information regarding smoke and carbon monoxide detectors;
- Increased credit to Buyer from Seller from $300 to $500 for failure to provide the form.
Prospective Sellers can download a copy of the form by following he link below: