An Act amending Title 68 (Real and Personal Property) of the Pennsylvania Consolidated Statutes, in general provisions relating to residential real property, further providing for definitions; in seller disclosures, further providing for disclosure form and providing for website information and for flood disclosure; and imposing duties on the Insurance Department.
Signed in House
Summary
The bill adds flood‑related definitions to the real‑property statutes, updates the seller‑disclosure form to include flood risk factors, and obligates the state Insurance Department to maintain a public website with flood‑risk and insurance information. It affects residential home sellers, buyers, the Insurance Department, and the State Real Estate Commission, aiming to improve awareness of flood hazards and insurance options.
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