An act relating to escrow deposit bonds

This bill amends Vermont law to require developers to provide buyers with a copy of the escrow deposit bond that protects their funds. The change affects real estate transactions by ensuring purchasers receive documentation about the financial guarantee backing their deposits. Previously, the law required developers to disclose the bond issuer's identity, but this update shifts the requirement to providing the actual bond document itself. The amendment was passed by both legislative chambers and signed into law by the Governor in April 2024.