VA HB1450 | 2015 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on December 30 2014 - 25% progression, died in committee
Action: 2015-02-10 - Left in General Laws
Pending: House General Laws Committee
Text: Latest bill text (Prefiled) [HTML]

Summary

Virginia Residential Property Disclosure Act; representations related to special flood hazard areas and stormwater facility maintenance agreements. Requires the residential property disclosure statement provided by a property owner to a prospective purchaser under the Virginia Residential Property Disclosure Act to include explanation that the owner makes no representation with respect to the presence of any maintenance agreement for any stormwater detention facility on the property or with respect to whether the property resides in any special flood hazard area. The bill requires the statement to advise prospective purchasers to exercise whatever diligence they deem necessary to determine the presence of any such agreement or location of any such special flood hazard areas prior to settlement.

Tracking Information

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Title

Virginia Residential Property Disclosure Act; representations related to special flood hazard area.

Sponsors


History

DateChamberAction
2015-02-10HouseLeft in General Laws
2015-01-20HouseSubcommittee recommends laying on the table by voice vote
2015-01-15HouseAssigned GL sub: Subcommittee #1
2014-12-30HouseReferred to Committee on General Laws
2014-12-30HousePrefiled and ordered printed; offered 01/14/15 15101227D

Virginia State Sources


Bill Comments

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