Phil Hernandez
- Democratic
- Delegate
- District 94
Virginia Residential Property Disclosure Act; flood-related disclosures. Requires the owner of residential real property located in the Commonwealth who has actual knowledge that the dwelling unit is located within certain flood hazard areas or floodplains to disclose such fact to the purchaser. The bill also removes from the disclosure statement provided by the Real Estate Board that is furnished to the purchaser of residential real property that the owner makes no representation with respect to whether the property is located in one or more special flood hazard areas.
A BILL to amend and reenact ยงยง 55.1-703 and 55.1-708.2 of the Code of Virginia, relating to Virginia Residential Property Disclosure Act; flood-related disclosures.
Left in General Laws
Fiscal Impact Statement from Department of Planning and Budget (HB2348)
Subcommittee recommends laying on the table (7-Y 1-N)
Assigned GL sub: Housing/Consumer Protection
Prefiled and ordered printed; Offered 01-08-2025 25101973D
Referred to Committee on General Laws
| Bill Text Versions | Format |
|---|---|
| Introduced | HTML PDF |
| Document | Format |
|---|---|
| Fiscal Impact Statement from Department of Planning and Budget (HB2348) |
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