Virginia Residential Property Disclosure Act; flood-related disclosures.

Virginia Residential Property Disclosure Act;flood-related disclosures. Requires the Real Estate Board toinclude on its repetitive risk loss disclosure form for owners ofresidential real property space for the disclosure of historical flood damages, flood insurance claims, and costs to such residential realproperty along with other related information. The bill also requiresthe owner of residential real property within the Commonwealth todisclose to any purchaser or renter of such property certain factsrelated to the flood history and risk of such property.