Revising the real estate seller disclosure notice to reflect changes in the pollution liability insurance agency's home heating oil tank insurance program.

HB 2501 updates the required disclosure statement for sellers of residential properties with oil heating systems. It replaces outdated language about "no cost insurance" with a notice stating that "remediation assistance for heating oil contamination may be available" through the Washington State Pollution Liability Insurance Agency. The bill specifically affects real estate sellers in Washington who must provide this notice to buyers before closing. The revised disclosure applies only to property sales occurring on or after January 1, 2027, and does not change the insurance program itself.