HB2348
Virginia Residential Property Disclosure Act; flood-related disclosures.
Summary
As Introduced. 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 ... (More) 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. (Less)-
Bill History
- 01/08/2025 - House: Prefiled and ordered printed; Offered 01-08-2025 25101973D
- 01/08/2025 - House: Referred to Committee on General Laws
- 01/20/2025 - House: Assigned GL sub: Housing/Consumer Protection
- 01/20/2025 - House: Placed on General Laws Agenda
- 01/23/2025 - House: Subcommittee recommends laying on the table (7-Y 1-N)
- 01/24/2025 - House: Fiscal Impact Statement from Department of Planning and Budget (HB2348)
- 02/05/2025 - House: Left in General Laws
