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New Jersey Gov. Phil Murphy signed into law the Flood Risk Notification Law (P.L. 2023, c.93) on July 3, 2023, amending the Truth-in-Renting Act (P.L. 2001, c.313) and supplementing the...
We are now just weeks away from the implementation of significant changes to New York State’s Property Condition Disclosure Statement (PCDS) and sellers of residential real property and...
On September 22, 2023, Governor Kathy Hochul signed legislation (A.1967/S.5400) amending the Property Condition Disclosure Act (“PCDA”), which effectively eliminates a seller’s option...
The measures include flood history disclosure forms and flood zone mapping tools to aid homeowners and renters.
New York home sellers now must disclose information about flood risk, flood history and flood insurance to potential buyers under legislation recently signed by Gov. Kathy Hochul,...