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2015 SESSION
HB 1642 Virginia Residential Property Disclosure Act; representations related to special flood hazard areas.
Introduced by: Christopher P. Stolle | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Virginia Residential Property Disclosure Act; representations related to special flood hazard zones. Requires the owner's representation to a prospective purchaser of residential property under the Virginia Residential Property Disclosure Act that the owner makes no representations with respect to whether the property is located in one or more special flood hazard areas and purchasers are advised to exercise whatever due diligence they deem necessary, including (i) obtaining a flood certification or mortgage lender determination of whether the property is located in one or more special flood hazard areas, (ii) review of any map depicting special flood hazard areas, and (iii) whether flood insurance is required, in accordance with terms and conditions as may be contained in the real estate purchase contract, but in any event, prior to settlement pursuant to such contract. The bill contains technical amendments. This bill is identical to SB 775.
FULL TEXT
- 01/09/15 House: Prefiled and ordered printed; offered 01/14/15 15101756D pdf | impact statement
- 01/22/15 House: Committee substitute printed 15104066D-H1 pdf | impact statement
- 02/16/15 Senate: Committee substitute printed 15105128D-S1 pdf | impact statement
- 02/26/15 House: Bill text as passed House and Senate (HB1642ER) pdf | impact statement
- 03/17/15 Governor: Acts of Assembly Chapter text (CHAP0269) pdf
HISTORY
- 01/09/15 House: Prefiled and ordered printed; offered 01/14/15 15101756D
- 01/09/15 House: Referred to Committee on General Laws
- 01/15/15 House: Assigned GL sub: Subcommittee #1
- 01/20/15 House: Subcommittee recommends reporting with amendment(s) (7-Y 0-N)
- 01/22/15 House: Reported from General Laws with substitute (21-Y 0-N)
- 01/22/15 House: Committee substitute printed 15104066D-H1
- 01/26/15 House: Read first time
- 01/27/15 House: Read second time
- 01/27/15 House: Committee substitute agreed to 15104066D-H1
- 01/27/15 House: Engrossed by House - committee substitute HB1642H1
- 01/28/15 House: Read third time and passed House BLOCK VOTE (98-Y 0-N)
- 01/28/15 House: VOTE: BLOCK VOTE PASSAGE (98-Y 0-N)
- 01/29/15 Senate: Constitutional reading dispensed
- 01/29/15 Senate: Referred to Committee on General Laws and Technology
- 02/16/15 Senate: Reported from General Laws and Technology with substitute (13-Y 0-N)
- 02/16/15 Senate: Committee substitute printed 15105128D-S1
- 02/18/15 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/19/15 Senate: Read third time
- 02/19/15 Senate: Reading of substitute waived
- 02/19/15 Senate: Committee substitute agreed to 15105128D-S1
- 02/19/15 Senate: Engrossed by Senate - committee substitute HB1642S1
- 02/19/15 Senate: Passed Senate with substitute (38-Y 0-N)
- 02/20/15 House: Placed on Calendar
- 02/23/15 House: Senate substitute agreed to by House 15105128D-S1 (98-Y 0-N)
- 02/23/15 House: VOTE: ADOPTION (98-Y 0-N)
- 02/26/15 House: Enrolled
- 02/26/15 House: Bill text as passed House and Senate (HB1642ER)
- 02/26/15 House: Signed by Speaker
- 02/26/15 Senate: Signed by President
- 02/27/15 House: Enrolled Bill communicated to Governor on 2/27/15
- 02/27/15 Governor: Governor's Action Deadline Midnight, Sunday, March 29, 2015
- 03/17/15 Governor: Approved by Governor-Chapter 269 (effective 7/1/15)
- 03/17/15 Governor: Acts of Assembly Chapter text (CHAP0269)