PRINTER'S NO. 522
No. 487 Session of 2003
INTRODUCED BY GREENLEAF, STACK, MOWERY, O'PAKE, LEMMOND,
KASUNIC, RAFFERTY, TARTAGLIONE, SCHWARTZ, COSTA, PILEGGI AND
WONDERLING, MARCH 13, 2003
REFERRED TO URBAN AFFAIRS AND HOUSING, MARCH 13, 2003
AN ACT
1 Amending Title 68 (Real and Personal Property) of the
2 Pennsylvania Consolidated Statutes, further providing for
3 disclosure.
4 The General Assembly of the Commonwealth of Pennsylvania
5 hereby enacts as follows:
6 Section 1. Section 7304(b) of Title 68 of the Pennsylvania
7 Consolidated Statutes is amended by adding a paragraph to read:
8 § 7304. Disclosure form.
9 * * *
10 (b) Contents of property disclosure statement.--The form of
11 property disclosure statement promulgated by the State Real
12 Estate Commission shall call for disclosures with respect to all
13 of the following subjects:
14 * * *
15 (17) The property's location in a flood zone or wetlands
16 area and the property's flood history including the frequency
17 and the extent of flooding.
18 * * *
1 Section 2. The State Real Estate Commission shall have 120
2 days from the effective date of this act to revise the property
3 disclosure statement so that the statement conforms to this act.
4 Section 3. This act shall take effect immediately.
B21L68SFL/20030S0487B0522 - 2 -