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
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
0
Jan 9, 2024
Introduced
Introduced in the Assembly, Referred to Assembly Consumer Affairs Committee
lower
2 primary · 1 co-sponsor
Sponsors
Role
Legislator
Party
State
District
P
Annette Quijano
DDemocratic
P
Bill Moen
DDemocratic
Co
Yvonne Lopez
DDemocratic
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