An act relating to flooding disclosures when conveying real estate

This Vermont bill (H 827) updates real estate disclosure requirements for flood history. It requires sellers to inform buyers whether a property experienced flooding during their ownership, but adds an exception: sellers who never lived on the property may provide written notice stating they cannot confirm flooding history due to not residing there. The bill does not change existing requirements for sellers who know about flooding or for disclosing flood insurance status and FEMA flood maps. It directly affects residential real estate sellers who are non-resident owners. The law takes effect upon passage.