Sec. 15. 33 MRSA §173, sub-§2, as enacted by PL 1999, c. 476, §1, is repealed.

Sec. 16. 33 MRSA §173, sub-§2-A is enacted to read:

2-A.__Heating system or heating source.__The seller shall disclose:

A.__The type of heating system or source;

B.__The age of the heating system or source;

C.__The name of the company that services the heating system or source;

D.__The date of the most recent service call on the heating system or source;

E.__The annual fuel consumption per heating system or source; and

F.__Any malfunctions per heating system or source within the past 2 years.

Sec. 17. 33 MRSA §173, sub-§4, ¶D, as enacted by PL 1999, c. 476, §1, is amended to read:

D. Underground oil storage tanks as required under Title 38, section 563, subsection 6; and

Sec. 18. 33 MRSA §173, sub-§5, as enacted by PL 1999, c. 476, §1, is amended to read:

5. Known defects. Any known defects.; and

Sec. 19. 33 MRSA §173, sub-§6 is enacted to read:

6.__Other.__Any other information determined to be a required disclosure and adopted by rule by the Real Estate Commission pursuant to Title 32, section 13065.

SUMMARY

This bill amends various statutes affecting real estate brokerage agencies. The bill adds commercial leasing to the definition of "real estate brokerage."