§173. Required disclosures






Unless the transaction is exempt under section 172, the seller of residential real
property shall provide to the purchaser a property disclosure statement containing
the following information: [1999, c. 476, §1 (NEW).]








1. Water supply system. 
The type of system used to supply water to the property. If the property has a
private water supply, the seller shall disclose:





A. The type of system; [1999, c. 476, §1 (NEW).]










B. The location of the system; [1999, c. 476, §1 (NEW).]










C. Any malfunctions of the system; [1999, c. 476, §1 (NEW).]










D. The date of the most recent water test, if any; and [1999, c. 476, §1 (NEW).]










E. Whether the seller has experienced a problem such as an unsatisfactory water test
or a water test with notations; [1999, c. 476, §1 (NEW).]







[
1999, c. 476, §1 (NEW)
.]








2. Insulation. 




[
2005, c. 378, §29 (AFF);
2005, c. 378, §25 (RP)
.]








2-A. Heating system or heating source. 
Detailed information on the system or source used to supply heat to the property,
including:





A. The type of heating system or source; [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]











B. The age of the heating system or source; [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]











C. The name of the company that services the heating system or source; [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]











D. The date of the most recent service call on the heating system or source; [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]











E. The annual fuel consumption per heating system or source; and [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]











F. Any malfunctions per heating system or source within the past 2 years; [2005, c. 378, §26 (NEW); 2005, c. 378, §29 (AFF).]








[
2005, c. 378, §26 (NEW);
2005, c. 378, §29 (AFF)
.]








3. Waste disposal system. 
The type of waste disposal system used on the property. If the property has a private
waste disposal system, the seller shall disclose:





A. The type of system; [1999, c. 476, §1 (NEW).]










B. The size and type of the tank; [1999, c. 476, §1 (NEW).]










C. The location of the tank; [1999, c. 476, §1 (NEW).]










D. Any malfunctions of the tank; [1999, c. 476, §1 (NEW).]










E. The date of installation of the tank; [1999, c. 476, §1 (NEW).]










F. The location of the leach field; [1999, c. 476, §1 (NEW).]










G. Any malfunctions of the leach field; [1999, c. 476, §1 (NEW).]










H. The date of installation of the leach field; [1999, c. 476, §1 (NEW).]










I. The date of the most recent servicing of the system; [1999, c. 476, §1 (NEW).]










J. The name of the contractor who services the system; and [1999, c. 476, §1 (NEW).]










K. For systems within shoreland zones, disclosures on septic systems required by Title
30-A, section 4216; [1999, c. 476, §1 (NEW).]







[
1999, c. 476, §1 (NEW)
.]








4. Hazardous materials. 
The presence or prior removal of hazardous materials or elements on the residential
real property, including, but not limited to:





A. Asbestos; [1999, c. 476, §1 (NEW).]










B. Lead-based paint for pre-1978 homes in accordance with federal regulations; [2011, c. 96, §5 (AMD).]










C. Radon; and [1999, c. 476, §1 (NEW).]










D. Underground oil storage tanks as required under Title 38, section 563, subsection
6; and [1999, c. 476, §1 (NEW).]







[
2011, c. 96, §5 (AMD)
.]








5. Known defects. 
Any known defects.


[
1999, c. 476, §1 (NEW)
.]





SECTION HISTORY

1999, c. 476, §1 (NEW).
2005, c. 339, §3 (AMD).
2005, c. 378, §§25,26 (AMD).
2005, c. 378, §29 (AFF).
2011, c. 96, §5 (AMD).