Property; require any seller of real property to make certain disclosures regarding flood damage to such real property

Summary

The bill makes it mandatory for sellers of one‑ to four‑family residential property in Georgia to provide a written disclosure about any flood that impacted the property during their ownership. The disclosure must address physical damage, insurance claims, repairs, and any official flood‑risk notifications. Omitting required information is treated as an unfair business practice, and a new $1,500 penalty is added for unjustified liens.

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