Common use of FLOOD DISCLOSURE Clause in Contracts

FLOOD DISCLOSURE. Per Government Code 8589.45, the OWNER is required to disclose if rental property is at risk of flooding. The OWNER has NO knowledge that this property is located in a special flood hazard area or area of potential flooding. • the OWNER has received notice from a public agency that the property is located in a special flood hazard zone or an area of potential flooding; • the OWNER’S mortgage holder requires the OWNER to carry flood insurance; or • the OWNER currently carries flood insurance.

FLOOD DISCLOSURE. Per Government Code 8589.45, the OWNER is required to disclose if rental property is at risk of flooding. Lessor's Disclosure (initial one): The OWNER has NO knowledge that this property is located in a special flood hazard area or area of potential flooding. • the OWNER has received notice from a public agency that the This property is located in a special flood hazard zone area or an area of potential flooding; • the OWNER’S mortgage holder requires , and the OWNER has actual knowledge of that fact. The OWNER is considered to carry flood insurance; or • the OWNER currently carries flood insurance.have actual knowledge if:

FLOOD DISCLOSURE. Per Government Code 8589.45, the OWNER landlord is required to disclose if rental property is at risk of flooding. Lessor’s Disclosure (initial one): The OWNER owner has NO knowledge that this property is located in a special flood hazard area or area of potential flooding. • the OWNER has received notice from a public agency that the This property is located in a special flood hazard zone area or an area of potential flooding; • , and the OWNER’S mortgage holder requires the OWNER owner has actual knowledge of that fact. The owner is considered to carry flood insurance; or • the OWNER currently carries flood insurance.have actual knowledge if:

FLOOD DISCLOSURE. Per Government Code 8589.45, the OWNER landlord is required to disclose if rental property is at risk of flooding. The OWNER owner has NO knowledge that this property is located in a special flood hazard area or area of potential flooding. • the OWNER owner has received notice from a public agency that the property is located in a special flood hazard zone or an area of potential flooding; • the OWNER’S owner's mortgage holder requires the OWNER owner to carry flood insurance; or • the OWNER owner currently carries flood insurance.