Requires sellers of real property to disclose presence of dams.
What changed between versions
New section d defines 'dam' as an artificial dike, levee or other barrier that raises water level five feet or more above usual mean low water height. It excludes pinelands-area dams that raise waters less than eight feet where the drainage area is under one square mile and the water surface is under 100 acres.
Section c now requires that disclosure information about dam ownership responsibilities, removal, and hazard classification be made available to both sellers and purchasers (previously only purchasers). The website must also include notice that a seller or purchaser may contact the Bureau of Dam Safety to determine whether a dam is subject to the Safe Dam Act (P.L.1981, c.249) or Title 7 Chapter 20 regulations.
Section b now requires the division to revise existing regulations under C.56:8-19.1 to incorporate the new requirements, but adds a stopgap provision: before formal rulemaking is complete, the division must publish the revised disclosure statement on its website so it can be used immediately.
The effective date trigger changed from '90th day following promulgation of regulations implementing the requirements' to '90th day following publication of the revised property condition disclosure statement by the Division of Consumer Affairs pursuant to section 11.' This decouples the effective date from formal rulemaking and ties it to the simpler act of publishing the form.