HB863
Virginia Residential Property Disclosure Act; flood-related disclosures.
Summary
As Introduced. Virginia Residential Property Disclosure Act; flood-related disclosures.
Requires the Real Estate Board to include on its repetitive risk loss disclosure form for owners of residential real property space for the disclosure of historical flood damages, flood insurance claims, and costs to such residential real property along with other related information. The bill also requires the owner of ... (More) residential real property within the Commonwealth to disclose to any purchaser or renter of such property certain facts related to the flood history and risk of such property. (Less)-
Bill History
- 01/09/2024 - House: Prefiled and ordered printed; offered 01/10/24 24105048D
- 01/09/2024 - House: Referred to Committee on General Laws
- 01/24/2024 - House: Impact statement from DPB (HB863)
- 01/26/2024 - House: Assigned GL sub: Housing/Consumer Protection
- 02/01/2024 - House: House subcommittee amendments and substitutes offered
- 02/01/2024 - House: Subcommittee recommends continuing to 2025
- 02/06/2024 - House: Continued to 2025 in General Laws
