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.

HB 1704 updates Pennsylvania's real estate law by requiring sellers to provide a new standardized disclosure form to buyers, including specific information about flood risks. It mandates that the Insurance Department create and maintain a website with flood zone data to help buyers understand property risks. The bill also clarifies definitions related to residential property and imposes new duties on the Insurance Department to manage flood disclosure information. These changes directly affect home sellers, buyers, and the Insurance Department in Pennsylvania.