States with Best, Worst Home Flood Damage Disclosure Laws

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In 21 states, home sellers are not required by law to disclose to buyers whether their home has ever flooded or whether they will be required to purchase flood insurance, according to an analysis by the Natural Resources Defense Council (NRDC) and Columbia University’s Sabin Center for Climate Change Law. The findings are presented in a flood disclosure map of state real estate laws.

“In nearly half the states the deck is stacked against home buyers because sellers get a pass on revealing a property’s flood history,” said Joel Scata, attorney with NRDC. “With flood risks rising throughout the country, this is a problem that Congress has the ability to fix.”
The NRDC is an international non-profit organization dedicated to environmental issues supported by lawyers, advocates, authorities, scientists and companies.

According to Grubu’s research, the “worst case law” includes Florida, Missouri, New York and New Jersey. Missouri has no provisions that require a vendor to tell if a seller has flooded a house. New York State has disclosure provisions, but allows payers to pay $ 500 to leave sellers informed buyers about flood damages.

According to the NRDC analysis, the states with the best explanation laws are Oklahoma, Louisiana and Mississippi.

Twenty-nine states and Washington, D.C., have a number of disclosures in the past that have failed to provide complete information about the previous flood hazard and future flood risks in the past.

Stating that more than 41 million Americans live in flood zones, the NRDC advocates for more exposure of flood risks during real estate transactions to determine if potential homeowners will decide where to live and to take measures to minimize their risks. They decide to buy a house that is prone to a seat.

However, the provisions of this disclosure shall not be limited to the conditions of disclosure to the seller. According to Gruba, the National Flood Insurance Program (NFIP) should also share existing information. “Existing households should have a right to see if their property is a legal requirement for the purchase of flood insurance due to past history of flood insurance coverage, claim claims paid and past claims of federal disaster aid,” the group said.

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