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House Bill 3815 |
House Author: Morrison |
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Effective: 9-1-19 |
Senate Sponsor: Huffman |
House Bill 3815 amends the Property Code to require the standard disclosure notice the seller of a residential real property must give to a purchaser to include notice of whether the seller: is aware of conditions relating to the property's present flood insurance coverage, previous flooding due to a failure or breach of a reservoir or a controlled or emergency release of water from a reservoir, or previous water penetration into a structure on the property due to a natural flood event; is aware the property is located wholly or partly in a floodplain, floodway, flood pool, or reservoir; has ever filed a flood claim for flood damage to the property with any insurance provider; and has ever received assistance from FEMA or the U.S. Small Business Administration for flood damage to the property.