VT H0827

Amends 27 V.S.A. § 380 to allow sellers of real property who have never physically resided on the property to satisfy flood disclosure requirements by providing written notice that they cannot affirm whether the property experienced flooding or flood damage during their ownership.

Sellers who use this alternative disclosure must still disclose known flooding or flood damage, including damage from inundation, flood-related erosion, or landslides.

Current law requires sellers to disclose whether property was subject to flooding while they possessed it, provide FEMA flood insurance rate maps, and disclose flood insurance status.

Takes effect upon passage.