Tom owns a lakefront cottage on Lake Winnipesaukee in New Hampshire. He is listing the property for sale. His listing agent, Maria, knows the property is located within 250 feet of the lake. What disclosure obligation does this shoreland location create for Maria?
Correct Answer
A) Maria must disclose that the property is subject to NH Shoreland Water Quality Protection Act restrictions under RSA 483-B
Under RSA 483-B, the NH Shoreland Water Quality Protection Act regulates land use within 250 feet of public waters. Properties within this protected shoreland zone are subject to restrictions on impervious surfaces, vegetation removal, and construction. Licensees are required to disclose shoreland restrictions affecting listed properties, making it Maria's obligation to inform potential buyers of these limitations.
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