An Act protecting buyers from unknowingly purchasing property in a flood zone

This bill requires property owners in Massachusetts to inform potential buyers and renters if their property is located in a flood zone. Sellers must provide a standardized disclosure form detailing past flood damage, insurance history, and federal aid requirements before accepting an offer or signing a lease. The law also mandates that real estate agents and landlords share any known information about flooding risks and includes penalties of up to $1,000 for failing to comply with these notification duties.