The bill amends The Landlord and Tenant Act of 1951 to include new definitions related to flood risks and establishes requirements for landlords regarding the disclosure of such risks to tenants. Specifically, it introduces definitions for "flood damage" and "natural flood event," which clarify the types of damage and conditions that constitute flooding. Additionally, the bill mandates the creation of a publicly accessible website by the Insurance Department that provides information on flood risks, mitigation strategies, and flood insurance options.

Furthermore, the bill requires landlords to disclose specific information to tenants when leasing or renewing a lease for real property. This includes whether the property has experienced flood damage, its designation in relation to flood hazard areas, any legal requirements for flood insurance, and the status of the landlord's flood insurance coverage. A standardized disclosure statement regarding flood insurance risks must also be included with written leases, advising tenants to review their insurance policies for flood coverage. The act is set to take effect in 180 days.

Statutes/Laws affected:
Printer's No. 2094 (Jul 08, 2025): P.L.69, No.20