New Jersey § 46:3c-13

§ 46:3c-13.

a. A seller's property condition disclosure statement or contract, or a rider or addendum

to a contract, for the sale of a single-family home with solar panels installed in

any location on the home or property that is part of the contract shall include the

name and contact information of the business that installed the solar panels purchased

by the owner selling the single-family home, as well as the name and contact information

of the business that owns the solar panels or is involved in any type of power purchase

agreement or lease, if those entities are different. b. (1) If solar panels installed on a single-family home or its property are leased

or subject to a power purchase agreement, a seller's property condition disclosure

statement or a contract, or a rider or addendum to a contract, for the sale of the

home shall contain clear and precise language regarding if the owner selling the single-family

home is transferring the lease of the panels or the rights and obligations under the

power purchase agreement to a new residence or to the buyer of the single-family home

contracted for sale. (2) If a lease of, or power purchase agreement related to, the solar panels is transferred

to the buyer of the single-family home, the name and contact information of the business

that installed the solar panels, as well as the name and contact information of the

business that owns the solar panels or is involved in any type of power purchase agreement,

warranty, or lease, if those entities are different, shall be included in the seller's

property condition disclosure statement or contract for sale, or a rider or addendum

to the contract for sale, which shall include a copy of contractual documents, if

any, that will become obligations of the new owner, including obligations to make

any payments, however styled, relevant warranties, guarantees, or agreements to allocate

any financial incentives, including, but not limited to, net metering arrangements

or renewable energy certificates, that survive the transfer. c. A licensee of the New Jersey Real Estate Commission shall not be liable for information

that is required to be disclosed by a seller pursuant to this section and was not

provided to the licensee.