Four states are strengthening rules that require home sellers and landlords to disclose information about whether a home has flooded in the past, or is likely to flood in the future.
Millions of Americans receive little or no information about flood risk before they buy a house or sign a lease, leading families to put their safety, belongings and financial security in harm's way. New rules in four states aim to address the problem.
Now, that is changing for residents of four coastal states. New York, New Jersey, South Carolina and North Carolina are all strengthening rules that require home sellers, and in some cases landlords, to disclose information about whether a home or apartment has flooded in the past and whether it is likely to flood in the future.In New York and New Jersey, the state legislatures passed new laws requiring disclosure of flood information.
Climate experts and floodplain managers say the new rules will help protect people from the growing hazards of climate change, which is causing sea level rise, more intense hurricanes and heavier rainstorms. Virtually every county in the U.S. hasat some point in the last three decades, according to data from the Federal Emergency Management Agency.
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