NY A07876

Requires all residential leases to disclose whether the leased premises is located in a FEMA-designated floodplain, Special Flood Hazard Area (100-year floodplain), or Moderate Risk Flood Hazard Area (500-year floodplain)

Mandates disclosure of whether the leased premises has experienced any flood damage from natural flood events including heavy rainfall, coastal storm surge, tidal inundation, or river overflow

Requires every residential lease to include a notice informing tenants that flood insurance is available through FEMA's National Flood Insurance Program (NFIP) for personal property and contents, and that standard renter's insurance does not typically cover flood damage

Takes effect 180 days after the bill becomes law, with regulatory implementation authorized to begin immediately upon enactment