S-3951.1
SENATE BILL 6462
| | |
State of Washington | 65th Legislature | 2018 Regular Session |
By Senators Angel and Mullet
Read first time 01/18/18. Referred to Committee on Financial Institutions & Insurance.
AN ACT Relating to the seller's real estate disclosure regarding oil tank insurance; adding a new section to chapter
64.06 RCW; and providing an effective date.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF WASHINGTON:
NEW SECTION. Sec. 1. A new section is added to chapter 64.06 RCW to read as follows:
A seller of residential real property shall make available to the buyer the following statement: "This notice is to inform you that if the real property you are considering for purchase utilizes an oil tank for heating purposes, no cost insurance may be available from the pollution liability insurance agency."
NEW SECTION. Sec. 2. This act takes effect January 1, 2020.
--- END ---