(1) If a residential real property that includes a heating, ventilation, and air-conditioning (HVAC) system as a fixture to the property is conveyed to a new owner on or after July 1, 2024, a manufacturer’s warranty in effect on that system or a component of that system:
(a) Is automatically transferred to the new owner; and
(b) Continues in effect as if the new owner was the original purchaser of such system or component, as applicable.
(2) A warrantor continues to be obligated under the terms of a manufacturer’s warranty agreement for a warranty transferred under this section and may not charge a fee for the transfer of the warranty.
(3) The transfer of a manufacturer’s warranty under this section does not extend the remaining term of the warranty.
(4) A manufacturer’s warranty of an HVAC system or a component of the system may not be in any way conditioned upon the product registration.
(5) This section applies if:
(a) A sale of a residential property that includes an HVAC system as a fixture to the property occurs on or after July 1, 2024.
(b) A manufacturer’s warranty is still in effect on the HVAC system or a component of the system.