Stop Post-Disaster Vultures Act

This bill, known as the Stop Post-Disaster Vultures Act, would ban institutional investors from buying properties in areas affected by major disasters for six months after a federal disaster declaration. It defines institutional investors as individuals or entities owning at least 75 single-family homes and prohibits them from making purchase offers through mail, wire communications, or any other contact method during this period. The law aims to prevent large-scale property acquisitions by wealthy investors while communities are still recovering from disasters. It amends the existing Robert T. Stafford Disaster Relief and Emergency Assistance Act to add this new restriction. The bill would directly affect large real estate investors and homeowners in disaster zones who might otherwise receive unsolicited purchase offers.