In 2025, New York State introduced new legislation that establishes the right to inspection for residential real properties, condominium units, and cooperative apartments. The bill, S5772, prohibits both sellers and buyers from agreeing to sell or purchase properties contingent upon the waiver, limitation, or restriction of a buyer’s right to choose to obtain a home inspection. The bill, if fully approved, is projected to be enforced as of January 1, 2026.
Under this new law, offers to purchase residential real properties, condominium units, or cooperative apartments must include specific language informing both the seller and the buyer of the right to a home inspection.The prospective purchaser has the right to have the property inspected by a licensed home inspector within ten days, or longer as agreed upon in writing, of the seller’s acceptance of an offer to purchase.