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2024 SESSION

• | print version

HB 863 Virginia Residential Property Disclosure Act; flood-related disclosures.

Introduced by: Phil M. Hernandez | all patrons    ...    notes | add to my profiles

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 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.

FULL TEXT

• 01/09/24  House: Prefiled and ordered printed; offered 01/10/24 24105048D  pdf | impact statement

AMENDMENTS

• House subcommittee amendments and substitutes offered

HISTORY

• 01/09/24  House: Prefiled and ordered printed; offered 01/10/24 24105048D
• 01/09/24  House: Referred to Committee on General Laws
• 01/26/24  House: Assigned GL sub: Housing/Consumer Protection
• 02/01/24  House: Subcommittee recommends continuing to 2025 by voice vote
• 02/06/24  House: Continued to 2025 in General Laws by voice vote