Flood and Disaster Disclosures: Law, Precedent and Grades for All 50 States
RIS Media
SEPTEMBER 20, 2021
Arizona state statute requires licensed real estate agents to notify buyers through a written affidavit whether or not the property is on a FEMA-designated floodplain. Licensed real estate agents must also disclose any water that is a “feature” of the property, and whether it fluctuates “substantially in size or volume.”
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