Growing Returns

Selected tag(s): flood disclosure

Ahead of the 2025 General Assembly, here are 3 ways to build flood resilience in Virginia

Virginia Conservation Network, a statewide coalition of 170 conservation partners, released its 2025 Common Agenda this year, providing a comprehensive overview of Virginia’s environmental policies and priorities to lawmakers and stakeholders. Detailed in the agenda are three key opportunities for lawmakers to continue progress on flood resilience initiatives.   

While hurricane season officially ended on November 30, many Virginians in the southwest region are still recovering from the devastating impacts of Hurricane Helene.  We stand with those communities as they recover and must remember that now is not the time to lose focus on reducing the risk of increasing climate-driven storms and disasters. According to the agenda’s co-authors from EDF’s Climate Resilient Coasts & Watersheds Virginia program, the following three flood resiliency opportunities should be a critical focus in the coming year. 

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Five reasons why mandatory flood disclosure in Florida would be a big win for realtors

By: Rachel Rhode, Manager, Climate Resilient Coasts and Watersheds and Eve Cooke, Fellow, Climate Resilient Coasts and Watersheds

Buying a home is often one of the biggest financial decisions individuals and families will ever make. More than one-third of Florida properties are at risk of severe flooding in the next 30 years, and despite these risks, Florida does not require flood-related disclosures to prospective homebuyers. Across the U.S., 32 states have enacted flood disclosure laws, requiring a seller to share a property’s flood risks or past flood damages during real estate transactions. Florida residents deserve transparency through flood disclosure, and realtors would benefit by keeping up with this growing industry standard.   

Knowing one’s risk is essential in ensuring effective preparedness and response. The Federal Emergency Management Agency estimates just one inch of flooding in a typical 2,500 sq. ft., one-story home can cause more than $25,000 in damages. It is widely misunderstood by more than one-third of homeowners that flood damage is typically not included in standard homeowners or rental insurance policies. 

Legislators and realtors are stepping up to address this gap in Florida’s flood policies. In the 2024 Florida Legislative Session, there has been bipartisan support for a new policy on flood disclosure. The Florida Realtor Association is amongst the stakeholders supporting this initiative. 

Knowledge is power.  Below are the top five reasons why mandatory flood disclosures are a win for realtors and residents. 

Credit: Chase Guttman

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