Florida's House Bill 1015, introduced on April 17, 2025, aims to enhance transparency in real estate transactions by mandating sellers to disclose any history of flood damage on their properties. This legislation comes in response to increasing concerns over climate change and its impact on flooding, particularly in vulnerable coastal areas of the state.

The bill requires sellers to indicate whether they have filed claims with insurance providers related to flood damage, including claims with the National Flood Insurance Program. Additionally, sellers must disclose if they have received federal assistance for flood-related damages, such as aid from the Federal Emergency Management Agency (FEMA). This move is designed to inform potential buyers about the risks associated with properties that may have a history of flooding, ultimately aiming to protect consumers and promote informed decision-making.

Debate surrounding House Bill 1015 has been lively, with proponents arguing that it is a necessary step toward consumer protection in an era of rising sea levels and increased flooding events. Critics, however, express concerns about the potential for increased liability for sellers and the possibility of discouraging property sales in flood-prone areas. Amendments to the bill have been proposed to address these concerns, but the core requirement for disclosure remains a focal point of contention.

The implications of this bill extend beyond real estate; it reflects a growing recognition of the need for proactive measures in the face of climate-related challenges. Experts suggest that by increasing transparency, the bill could lead to more sustainable development practices and better preparedness for future flooding events.

As the bill moves through the legislative process, its fate will likely hinge on balancing consumer protection with the realities of the housing market in Florida. If passed, House Bill 1015 could set a precedent for similar legislation in other states grappling with the impacts of climate change on real estate.