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NY A01529
Bill
Status
6/10/2025
Primary Sponsor
Jonathan Rivera
Click for details
AI Summary
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Requires sellers of residential properties built before 1978 to provide buyers with a certificate showing the property has been tested for lead-based paint, along with the test report, before signing a binding contract of sale, effective August 1, 2026
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Allows sellers to deduct testing costs from real estate transfer taxes (up to $500 for single-family homes or $400 per unit for multi-unit buildings) if no prior test exists
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Mandates that test certificates and reports be filed with the county registrar of title and the state Department of Health registry, with county offices prohibited from accepting transfer documents without the required certificate
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Requires landlords to provide tenants with copies of all lead-based paint test reports before executing a lease, with violations subject to civil penalties up to $10,000 plus up to three months' rent and attorney's fees
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Exempts certain transfers from testing requirements, including transfers to family members, between spouses during divorce, fiduciary transfers, government transfers, and properties slated for demolition that will remain unoccupied
Legislative Description
Requires the disclosure of lead-based paint test reports in real estate transactions.
Last Action
REFERRED TO JUDICIARY
3/11/2026