A 2174 New Jersey General Assembly · 2024-2025 Regular Session

Requires certain disclosures by sellers of single-family homes with solar panels installed.

This bill requires sellers of single-family homes with installed solar panels to disclose specific information to buyers. Sellers must provide the name and contact details of both the solar panel installer and the company owning or leasing the panels (if different), plus clear terms about whether lease or power purchase agreement rights are being transferred to the new owner. If false claims are made about this information, sellers face liability for $1,000 or actual damages plus legal fees. The law directly affects home sellers in New Jersey with solar installations and aims to ensure transparency during real estate transactions.
Bill status died 1 of 4 stages cleared
Introduction
Jan 2024
Committee Review
Floor Vote
Governor
Introduced Jan 9, 2024 Last action Jan 9, 2024
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Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Consumer Affairs Committee
lower
2 primary · 1 co-sponsor

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