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Alert: New Jersey Expands Real Property Owners' Flood Notification Obligations

Holland & Knight sent this email to their subscribers on April 11, 2024.

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April 11, 2024

 

New Jersey Expands Real Property Owners' Flood Notification Obligations

New Jersey's Flood Risk Notification Law amends the Truth-in-Renting Act and supplements the Consumer Fraud Act, effective as of March 20, 2024. The law requires sellers and landlords of real property located in New Jersey to provide certain notifications to potential buyers and tenants concerning flooding, including disclosure of knowledge pertaining to a property's flood history, flood risk and location in a flood zone or area.

The law is intended to protect prospective purchasers and tenants of New Jersey real properties from unforeseen damages and financial losses incurred as a result of the impact of increased climate change.

Read the full article »

 

Contact the Authors

Marcy Hart 

Philadelphia
215.252.9559
[email protected]

Leonard A. Bernstein

Philadelphia
215.252.9521
[email protected]

Holly R. Camisa

Philadelphia
215.252.9584
[email protected]

   


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Holland & Knight LLP | Operations Center | 524 Grand Regency Blvd. | Brandon, FL 33510-3931 | www.hklaw.com

 

Text-only version of this email

Holland & Knight www.hklaw.com APRIL 11, 2024 NEW JERSEY EXPANDS REAL PROPERTY OWNERS' FLOOD NOTIFICATION OBLIGATIONS New Jersey's Flood Risk Notification Law amends the Truth-in-Renting Act and supplements the Consumer Fraud Act, effective as of March 20, 2024. The law requires sellers and landlords of real property located in New Jersey to provide certain notifications to potential buyers and tenants concerning flooding, including disclosure of knowledge pertaining to a property's flood history, flood risk and location in a flood zone or area. The law is intended to protect prospective purchasers and tenants of New Jersey real properties from unforeseen damages and financial losses incurred as a result of the impact of increased climate change. Read the full article » Contact the Authors MARCY HART  Philadelphia 215.252.9559 [email protected] LEONARD A. BERNSTEIN Philadelphia 215.252.9521 [email protected] HOLLY R. CAMISA Philadelphia 215.252.9584 [email protected] More insights are available on our website. Connect With Us You are currently subscribed to receive Holland & Knight publications as . Your email address is never shared with any third parties. For more information about our privacy practices, please view the Holland & Knight Privacy Notice. To learn how to prevent these communications from [email protected] being intercepted by your spam filter, click here. Visit my subscription management to change your account preferences or . If this email was forwarded to you, and you would like to begin receiving this or any other Holland & Knight publication directly, please . The information provided herein presents general information and should not be relied on as legal advice when analyzing and resolving a specific legal issue. If you have specific questions regarding a particular fact situation, please consult with competent legal counsel about the facts and laws that apply. Copyright © 2024 Holland & Knight LLP All Rights Reserved Holland & Knight LLP | Operations Center | 524 Grand Regency Blvd. | Brandon, FL 33510-3931 | www.hklaw.com  
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