Bill Text: MI HB5361 | 2019-2020 | 100th Legislature | Introduced
Bill Title: Property; conveyances; lead-based paint inspections before the sale or transfer of certain real property; require. Creates new act.
Spectrum: Partisan Bill (Democrat 19-0)
Status: (Introduced - Dead) 2020-01-22 - Bill Electronically Reproduced 01/22/2020 [HB5361 Detail]
Download: Michigan-2019-HB5361-Introduced.html
HOUSE BILL NO. 5361
January 21, 2020, Introduced by Reps. Love,
Hood, Manoogian, Tate, Cherry, Hope, Pohutsky, Kuppa, Rabhi, Brixie,
Sowerby, Clemente, Peterson, Sabo, Tyrone Carter, Brenda Carter, Warren,
Hammoud and Jones and referred to the Committee on Regulatory Reform.
the people of the state of michigan enact:
Sec. 1. This act shall be known and may be cited as the "lead-based paint inspection act".
(a) "Lead-based paint" means that term as defined in section 5458 of the public health code, 1978 PA 368, MCL 333.5458.
(b) "Person" means an individual, partnership, corporation, association, or other legal entity.
(c) "Purchaser" means the person to whom the real estate is to be transferred.
(d) "Transfer" includes a transfer by sale, exchange, installment land contract, lease with an option to purchase, any other option to purchase, or ground lease coupled with proposed improvements by the purchaser or tenant or by a transfer of stock or an interest in a residential cooperative.
Sec. 3. (1) A person shall not transfer an interest in real property on which there is a residential structure that was constructed before 1978, unless the person has obtained an inspection of the property as described in subsection (2) to determine whether there is any presence of lead-based paint on the property and provided a report of the inspection to the purchaser as required under section 4.
(2) An inspection of property required under subsection (1) must be conducted by an inspector certified as an inspector under part 54A of the public health code, 1978 PA 368, MCL 333.5451 to 333.5477.
Sec. 4. (1) The transferor of real property described in section 3 shall deliver a written report prepared by the inspector after an inspection under section 3 to the transferor's agent, the purchaser's agent, or the purchaser. A transferor's agent shall provide a report received under this subsection to the purchaser's agent or the purchaser, and a purchaser's agent shall provide a report received under this subsection to the purchaser.
(2) A written report required under subsection (1) must be delivered to the purchaser within the following time limits:
(a) For a sale of the property, before the transferor executes a purchase agreement with the purchaser.
(b) For a transfer of the property by an installment land contract where a purchase agreement has not been executed, or for a lease of the property with an option to purchase or a ground lease of the property coupled with improvements by the tenant, before the transferor executes the contract or lease with the purchaser.
(3) For a transfer to which this act applies, the transferor shall indicate compliance with this act on the purchase agreement, land contract, or lease, on an addendum attached to the agreement, contract, or lease, or on a separate document.
Sec. 5. (1) Subject to subsection (2), if a report required under section 4 is delivered after the transferor executes a purchase agreement, land contract, or lease of the property, the purchaser may terminate the agreement, contract, or lease by delivering written notice of termination to the transferor or the transferor's agent within the following time limits:
(a) If the report is delivered to the purchaser in person, within 72 hours after the delivery.
(b) If subdivision (a) does not apply, within 120 hours after the delivery.
(2) A purchaser's right to terminate a purchase agreement, land contract, or lease expires on the transfer of the property by deed, land contract, or lease.
