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TX HB4617
Bill
Status
3/12/2025
Primary Sponsor
J.M. Lozano
Click for details
AI Summary
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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)
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Mandates the disclosure be delivered on or before the effective date of an executory contract binding the purchaser to the sale
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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
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Applies to all sellers of unimproved real property, including developers selling property for resale
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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