Va. Residential Property Disclosure Act; disclosure of special flood hazard area. (HB2175)

Introduced By

Kelly Fowler (D-Virginia Beach

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Virginia Residential Property Disclosure Act; Virginia Residential Landlord and Tenant Act; disclosure of special flood hazard area to prospective purchaser or renter. Requires the owner of residential real property who has actual knowledge that the property is located in one or more special flood hazard areas to provide a written disclosure when selling the property. Under current law, the owner is required to advise the buyer to exercise due diligence prior to purchasing the property. The bill also requires landlords who have actual knowledge that the residential dwelling unit is on property that is located in a special flood hazard area to disclose that information to the prospective tenant. If a tenant is not provided disclosure within 60 days of discovery that the residential dwelling unit is on property that is located in a special flood hazard area, he may terminate the lease. Amends § 55-519, of the Code of Virginia. Read the Bill »

Status

01/16/2019: Awaiting a Vote in the General Laws Committee

History

DateAction
01/08/2019Committee
01/08/2019Prefiled and ordered printed; offered 01/09/19 19103976D
01/08/2019Referred to Committee on General Laws
01/14/2019Impact statement from DPB (HB2175)
01/16/2019Assigned GL sub: Subcommittee #2

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