Flood Disclosure Policies on the Rise, But 18 States Still Lag Behind

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More states are requiring homeowners to disclose a property's flood risk and history when they sell it, but 18 states, including Florida, have no flood disclosure requirements.

Flood disclosure is increasingly important as climate change causes more frequent and intense flooding.

Flood disclosure helps buyers decide whether to purchase flood insurance, protect the property, or skip the deal.

Research has shown that flood disclosure can devalue flood-prone properties and discourage development in risky areas.

The National Resources Defense Council (NRDC) has been urging states to require flood disclosure during property sales.

In 2023, the NRDC found that the number of states with strong flood disclosure policies has jumped to seven from four since 2021.

The three states with new disclosure policies are New York, New Jersey, and South Carolina.

Surely a step towards preparedness!

North Carolina is considering becoming the eighth state with strong flood disclosure policies.

Yay! The adaptation and resilience are finally being considered.

Despite the increase in flood disclosure, 18 states remain without any disclosure requirement, including Florida, the nation's third-largest state and most vulnerable to hurricanes.

The NRDC is urging Florida to adopt flood disclosure policies to protect homebuyers.

A step proposed by many working in this domain!

The growing importance of flood disclosure and the challenges of implementing these policies are issues that affect all Americans.

Flood disclosure is a vital tool for protecting homebuyers and communities from the risks of flooding.

While more states are adopting flood disclosure policies, there is still more work to be done.

Nevertheless, we are on the right track!

The NRDC is urging Florida and other states without flood disclosure requirements to take action to protect their residents.