Bill would require sellers to disclose a property's flood history
Sellers would be required to disclose a history of flooding at residential and commercial properties under a bill filed in the Florida Legislature.
The measure would require sellers to disclose “water or moisture-related damage caused by a natural flood event within the last 10 years," according to the bill's language.
Jane West of 1000 Friends of Florida, an environmental group, says the bill is a good one but lacks teeth.
“You don’t even have an enforcement mechanism from the prospective purchaser against the seller, which would be the most basic of them all.”
The measure also would require sellers to disclose that there is a flood insurance policy on the property and that the property is located in a FEMA-designated flood zone.