New Law Affects Residential Home Sales by Jay N. Hershman
After a tragic 2011 Christmas Day house fire in Stamford, Conn., the state legislature set out to institute protective measures for homebuyers. There is now a requirement that sellers provide buyers with an affidavit at closing confirming that the house has working smoke and carbon monoxide detectors. This requirement may create significant liability and sellers need to be aware of what is at stake.
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