New York landlords will now be required to disclose flood risks to renters.
Governor Kathy Hochul signed the bill last week, which comes after a rash of floods in recent years across the state. Those floods have largely been brought on by extreme weather events.
Advocates said New York lagged behind other states in getting renters the information they needed about flood history.
The new law takes effect in June and requires leases to notify prior flood history and current risk of floods. It must also include information on whether the property has experienced flood damage due to a natural event that included heavy rain or other natural disaster.
The law requires that tenants be notified about FEMA’s National Flood Insurance Program. Most common insurance policies do not cover flood damage.
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