Comment on New flood disclosure law will protect Florida homebuyers | Opinion

New flood disclosure law will protect Florida homebuyers | Opinion

Buying a home is often the biggest financial decision of a lifetime. It shouldn’t be the riskiest. Up until recently, no laws required home sellers in Florida to disclose flood risk to potential buyers. Buyers had few ways of knowing if a property had been flooded or previously had flood damage. That left buyers on the hook, often unknowingly, for a risky purchase. Flooding is the most common and most costly natural disaster in the United States.

 

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