PLEASE NOTE: Legislative Information cannot perform research, provide legal advice, or interpret Maine law. For legal assistance, please contact a qualified attorney.
An Act To Ensure Consistency in Commercial Real Estate Law by Restoring Due Diligence Responsibility to the Buyer
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 33 MRSA c. 7, sub-c. 1-B, as amended, is repealed.
 
SUMMARY
This bill repeals the requirement that a seller of nonresidential real estate provide the purchaser a property disclosure statement that includes information about any abandoned or discontinued roads, public easements or private roads on or abutting the property, if known by the seller, and who is responsible for maintenance of such roads or easements, including any responsible road association, if known by the seller.