NY Real Prop L § 242 (2021)
2021 New York Laws RPP - Real Property Article 8 - Conveyances and Mortgages 242 - Disclosure Prior to the Sale of Real Property.

§  242.  Disclosure  prior  to  the  sale of real property. 1. (a) Any person, firm, company, partnership or corporation offering to sell  real property  to which no utility electric service is provided shall provide written notice to  the  prospective  purchaser  or  to  the  prospective purchaser's  agent,  clearly  indicating this fact. Such notice shall be provided prior to accepting a purchase offer.  (b) Any prospective or actual purchaser who has suffered a loss due to a violation of this section is entitled to recover  any  actual  damages incurred from the person offering to sell said real property.  (c)  The  provisions  of this subdivision shall not apply in instances where the real property being  sold  lies  within  the  applicable  free footage  allowance  or  service  lateral specified by the public service commission in rule, regulation or public utility tariff.   2. Disclosure prior to the sale of  real  property  to  which  utility surcharge payments attach. (a) Any person, firm, company, partnership or corporation  offering  to  sell real property against which an electric, gas or water utility surcharge is assessed for the purpose of  defraying the  costs  associated with an electric, gas or water line extension, or for  the  purpose  of  defraying  the  costs  associated  with   related facilities, shall provide written notice to the prospective purchaser or the prospective purchaser's agent, stating as follows: "This property is subject  to  an  electric,  gas  and/or  water  utility  surcharge".  In addition, such notice shall also state, the  type  and  purpose  of  the surcharge,  the  amount  of  the surcharge and whether such surcharge is payable on a monthly, yearly  or  other  basis.  Such  notice  shall  be provided by the seller prior to accepting a purchase offer.  (b) Any prospective or actual purchaser who has suffered a loss due to a  violation  of  this  subdivision  is  entitled  to recover any actual damages incurred from the person offering to sell or selling  said  real property.   3.  Any  person, firm, company, partnership or corporation offering to sell real property on which uncapped natural gas wells are situated, and of which such person, firm,  company,  partnership  or  corporation  has actual  knowledge,  shall inform any purchaser of the existence of these wells prior to entering into a contract for the  sale/purchase  of  such property.   4.  Disclosure  prior  to  the  sale of real property to which a green jobs-green New York on-bill recovery charge  applies.  (a)  Any  person, firm, company, partnership or corporation offering to sell real property which  is subject to a green jobs-green New York on-bill recovery charge pursuant to title nine-A of article eight of the public authorities  law shall  provide  written  notice  to  the  prospective  purchaser  or the prospective purchaser's agent, stating as  follows:  "This  property  is subject  to  a  green jobs-green New York on-bill recovery charge". Such notice shall also state the total amount of  the  original  charge,  the payment schedule and the approximate remaining balance, a description of the  energy efficiency services performed, including improvements to the property, and an explanation of the benefit of the green jobs-green  New York qualified energy efficiency services. Such notice shall be provided by the seller prior to accepting a purchase offer.  (b) Any prospective or actual purchaser who has suffered a loss due to a  violation  of  this  subdivision  is  entitled  to recover any actual damages incurred from the person offering to sell or selling  said  real property.