An Act enhancing homebuyer awareness by providing notice to persons purchasing property in a flood zone

HD 1786 requires residential property sellers and landlords in Massachusetts to provide prospective buyers and tenants with standardized flood hazard disclosures before key transactions. The disclosure must include past flooding history, current flood zone designation from FEMA maps, whether flood insurance was required, and federal aid impacts on insurance obligations. Sellers must provide this information prior to accepting a purchase offer, while landlords must provide it before signing a lease or rental agreement. This law directly affects homeowners, real estate agents, and property managers handling residential sales or rentals in flood zones. The goal is to ensure transparency about flood risks before property transactions occur.