Heads Up for MCAR Members,
As of July 1, 2018 landlords and sellers must disclose if a rental property is located in a flood zone or flood hazard area. AB 646 requires certain information to be included in any new lease or contract renewal.
The required information that must be provided to potential and current tenants is not complicated. Please review the extract of AB 646 to ensure your disclosure paragraph meets the law’s requirements. Check with CAR legal or your attorney if you have additional questions.