HB 2320

  • Virginia House Bill
  • 2021 Regular Session
  • Introduced in House Jan 21, 2021
  • Passed House Feb 05, 2021
  • Passed Senate Feb 15, 2021
  • Signed by Governor Mar 24, 2021

Real property; required disclosures for buyer to exercise due diligence, flood risk report.

Abstract

Virginia Residential Property Disclosure Act; required disclosures; repetitive risk loss structure; flood risk information form. Requires the Real Estate Board (the Board) to make available on its website a flood risk information form, the details of which are outlined in the bill. The bill also provides that an owner of residential real property located in the Commonwealth who has actual knowledge that the dwelling unit is a repetitive risk loss structure, as defined in the bill, shall disclose such fact to the purchaser on a form provided by the Real Estate Board on its website. The bill has a delayed effective date of January 1, 2022.

Virginia Residential Property Disclosure Act;required disclosures; special flood hazard areas. Requires theowner of residential real property who has actual knowledge that the property is located in one or more special flood hazard areas toprovide a disclosure that states such information to a potentialpurchaser.

Bill Sponsors (2)

Votes


Actions


Mar 24, 2021

Office of the Governor

Approved by Governor-Chapter 322 (effective 1/1/22)

Feb 25, 2021

Office of the Governor

Governor's Action Deadline 11:59 p.m., March 31, 2021

House

Enrolled Bill communicated to Governor on February 25, 2021

Feb 24, 2021

House

Signed by Speaker

Feb 22, 2021

House

Enrolled

Senate

Signed by President

House

Impact statement from DPB (HB2320ER)

Feb 17, 2021

House

Reconsideration of Senate substitute agreed to by House

House

VOTE: Passage #2 (94-Y 5-N)

House

Senate substitute agreed to by House 21200111D-S1 (94-Y 5-N)

House

VOTE: Adoption (93-Y 6-N)

House

Senate substitute agreed to by House 21200111D-S1 (93-Y 6-N)

House

Placed on Calendar

Feb 15, 2021

Senate

Committee substitute agreed to 21200111D-S1

Senate

Passed Senate with substitute (39-Y 0-N)

Senate

Engrossed by Senate - committee substitute HB2320S1

Senate

Reading of substitute waived

Senate

Read third time

Feb 12, 2021

Senate

Constitutional reading dispensed (39-Y 0-N)

Feb 11, 2021

House

Impact statement from DPB (HB2320S1)

Feb 10, 2021

Senate

Reported from General Laws and Technology with substitute (14-Y 0-N)

Senate

Committee substitute printed 21200111D-S1

Feb 05, 2021

House

Read third time and passed House (88-Y 11-N)

Senate

Continued to 2021 Sp. Sess. 1 in General Laws and Technology (14-Y 0-N)

Senate

Referred to Committee on General Laws and Technology

Senate

Constitutional reading dispensed

House

VOTE: Passage (88-Y 11-N)

Feb 04, 2021

House

Committee substitute agreed to 21103911D-H1

House

Engrossed by House - committee substitute HB2320H1

House

Read second time

Feb 03, 2021

House

Read first time

House

Impact statement from DPB (HB2320H1)

Feb 02, 2021

House

Reported from General Laws with substitute (18-Y 3-N)

House

Committee substitute printed 21103911D-H1

House

House committee, floor amendments and substitutes offered

Jan 28, 2021

House

Subcommittee recommends reporting with substitute (6-Y 2-N)

House

Subcommittee recommends reporting with substitute (6-Y 2-N)

House

House subcommittee amendments and substitutes offered

Jan 27, 2021

House

Assigned GL sub: Housing/Consumer Protection

House

Impact statement from DPB (HB2320)

Jan 21, 2021

House

Referred to Committee on General Laws

House

Presented and ordered printed 21100798D

Bill Text

Bill Text Versions Format
Presented and ordered printed 21100798D HTML
Committee substitute printed 21103911D-H1 HTML
Committee substitute printed 21200111D-S1 HTML
HB2320ER HTML
CHAP0322 HTML

Related Documents

Document Format
Fiscal Impact Statement: HB2320FH1122.PDF PDF
Fiscal Impact Statement: HB2320F122.PDF PDF

Sources

Data on Open States is updated periodically throughout the day from the official website of the Virginia General Assembly.

If you notice any inconsistencies with these official sources, feel free to file an issue.