Flood Disclosure Approved by Texas Real Estate Commission

Written By Lacy Hendricks

On May 24, 2021, the Texas Legislature passed HB 531 providing that on January 1, 2022, landlords must begin to provide notice to tenant prospects if their property lies within a 100-year floodplain or whether or not the landlord is aware that the property has flooded within the last 5 years.

In response, Texas REALTORS® created the Addendum Regarding Rental Flood Disclosure to satisfy the requirement. The addendum is required to be provided to the tenant before the execution of the lease. In January, 2022, Hendricks Property Management amended its procedures to make sure all of our clients are in compliance.

On August 10, 2022, the Texas Real Estate Commission adopted a new form, Landlord’s Flooplain and Flood Notice, and added a new paragraph to the Seller’s Temporary Residential Lease and the Buyer’s Temporary Residential Lease.

The new forms only apply to temporary leases used in sales transactions and are not a requirement for long term leases.

Lacy Hendricks

Lacy Hendricks has been working with Hendricks Property Management since 2014. She has a Bachelor of Science in Digital and Photographic Imaging, a Texas Real Estate Brokers license, and a Residential Management Professional designation.

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