OH HB362

Requires the Board of Building Standards to adopt rules mandating installation of carbon monoxide alarms and portable fire extinguishers in all residential buildings, including specifications for locations and product/installation standards.

Directs the Residential Construction Advisory Committee to include requirements for carbon monoxide alarms and portable fire extinguishers in recommendations to the Board of Building Standards for the state residential building code.

Establishes that product liability claims against manufacturers or suppliers of required carbon monoxide alarms or portable fire extinguishers must be brought under product liability statutes (sections 2307.71 to 2307.80 of the Revised Code).

Requires property disclosure forms for residential real property transfers to include a provision allowing transferors to disclose whether carbon monoxide alarms and portable fire extinguishers complying with Board standards are installed, with disclosure required within 18 months of the bill's effective date.

Makes compliance requirements effective 180 days after the Board of Building Standards adopts the rules for new residential buildings with approved plans or drawings.