Liability

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§177. Liability

A seller is not liable for any error, inaccuracy or omission of any information required to be delivered to the purchaser under this subchapter if:   [PL 1999, c. 476, §1 (NEW).]

1.  Without actual knowledge.  The error, inaccuracy or omission was not within the actual knowledge of the seller or was based on information provided by a public agency or by another person with a professional license or special knowledge who provided a written or oral report or opinion that the seller reasonably believed to be correct; and  

[PL 1999, c. 476, §1 (NEW).]

2.  Without negligence.  The seller was not negligent in obtaining information from a 3rd party and transmitting that information to the purchaser.  

[PL 1999, c. 476, §1 (NEW).]

SECTION HISTORY

PL 1999, c. 476, §1 (NEW).


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