AN ACT REQUIRING NOTIFICATION OF FLOOD HAZARDS TO POTENTIAL TENANTS OR PURCHASERS OF REAL PROPERTY.

HB 6730 requires property owners to disclose flood hazard information to potential tenants or buyers before leasing or selling a property. It directly affects residential and commercial property sellers and landlords in Connecticut. The bill mandates that owners provide specific details about flood risks on the property or its parking areas prior to any lease or sale agreement. This disclosure requirement aims to ensure buyers and renters are informed about flood-related risks before committing to a property. The law applies to all real property transactions covered under the bill's provisions.