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TX HB4617

Bill

Status

Introduced

3/12/2025

Primary Sponsor

J.M. Lozano

Click for details

Origin

House of Representatives

89th Legislature Regular Session

AI Summary

  • Requires sellers of unimproved real property in Texas to provide purchasers with written notice disclosing whether any part of the property is located in a FEMA-designated floodplain (special or moderate flood hazard area)

  • Mandates the disclosure be delivered on or before the effective date of an executory contract binding the purchaser to the sale

  • Grants purchasers the right to terminate the contract for any reason within 7 days of the effective date if the seller fails to provide the required floodplain disclosure

  • Applies to all sellers of unimproved real property, including developers selling property for resale

  • Takes effect September 1, 2025, and applies only to contracts entered into on or after that date

Legislative Description

Relating to requiring the seller of unimproved real property to disclose if the property is in a floodplain.

Property Interests

Last Action

Referred to Trade, Workforce & Economic Development

4/3/2025

Committee Referrals

Trade, Workforce & Economic Development4/3/2025

Full Bill Text

No bill text available