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Bill > S3110


NJ S3110

NJ S3110
Requires sellers of real property and landlords to make certain notifications regarding flooding.


summary

Introduced
09/29/2022
In Committee
10/06/2022
Crossed Over
06/20/2023
Passed
06/30/2023
Dead
Vetoed
05/08/2023
Signed/Enacted/Adopted
07/03/2023

Introduced Session

2022-2023 Regular Session

Bill Summary

An Act concerning real property and flood notifications, amending P.L.2001, c.313, and supplementing P.L.1960, c.39 (C.56:8-1 et seq.).

AI Summary

This bill requires sellers of real property and landlords to make certain notifications regarding flooding. It amends existing law to mandate that landlords notify tenants if a property is located in a FEMA-designated flood hazard area or has experienced flooding, and to include information about flood insurance options in residential leases. The bill also requires sellers to disclose on the property condition disclosure statement whether the property is located in a FEMA-designated flood hazard area and provide other details about the property's flood risk and history. The Department of Community Affairs, Department of Environmental Protection, and Division of Consumer Affairs are tasked with developing implementation regulations and a website with flood risk information.

Committee Categories

Agriculture and Natural Resources

Sponsors (7)

Last Action

Approved P.L.2023, c.93. (on 07/03/2023)

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