The measure comes a year after Ida, and as the 10th anniversary of Sandy approaches.
Make your contribution now and help Gothamist thrive in 2022.New Jersey lawmakers are considering a bill that would warn prospective tenants or home buyers of any flood risks on properties before contracts are signed.remnants of Hurricane Ida caused widespread flooding in the state
“We have seen storms in recent years cause catastrophic flood damage to homes, with residents sometimes unaware that they were living in a flood-prone area,” state Sen. Bob Smith, who introduced the bill last month, said in a statement. “Disclosing flood risk information during a real estate transaction is a timely and effective way to inform potential renters and homeowners of potential flooding risks so they may be better informed when deciding where to live.
Under the measure, the Department of Community Affairs would create the disclosure form that needs to be distributed to any tenants or home buyers before they are obligated under any contract for the property.Waterfront Alliance “Given that many New Jerseyans will be impacted by these threats and deserve to know the extent to which they may be affected before choosing where to live, it makes sense to pass this bill and do this now,” she said.
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