Property: land sales; seller disclosure statement; require to include upcoming municipal assessments or fees. Amends sec. 7 of 1993 PA 92 (MCL 565.957).

This bill requires sellers of real property in Michigan to include information about upcoming municipal assessments or fees in their standard disclosure statement. By amending the existing Seller Disclosure Act, the legislation ensures that buyers receive notice of future financial obligations tied to the property before completing a transaction. The change directly affects home sellers and buyers by mandating transparency regarding potential future costs imposed by local governments. This provision aims to provide clearer financial context during the home-selling process without altering other aspects of the current disclosure requirements.