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Peter Mohylsky,, Call me at 850-517-7098 (PMI. Destin)

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3,430,007
Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

 

California has enough disclosures as it is. As mentioned, Sellers are required to complete the Transfer Disclosure Statement (TDS) and it is prudent also to complete the SPQ.  

The C.L.U.E. Report I believe only covers a limited number of years.  

 

Oct 06, 2024 08:10 AM
Rainmaker
1,619,361
Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO
Big Block Realty 858.232.8722 - La Jolla, CA
Serving Coastal San Diego, Veteran's & Seniors

We have had C.L.U.E. reports in CA for decades which essentially do that for the seller, but they are also required to disclose these things on their TDS and SPQ disclosures.

Oct 06, 2024 07:53 AM
Rainmaker
523,429
Katina Hargrove 352-551-0308
Stake Your Land Realty, Inc. - Eustis, FL
Broker/Owner, SFR®, e-PRO®, GRI, AHWD, REALTOR®

Peter Mohylsky, Beach Broker 

Yes, it became law October 1, 2024. I have already sent to one of my sellers and it is an attachment in the MLS. With the current hurricane (Milton) coming our way, I am not sure if it will need to be updated.

Oct 06, 2024 08:18 AM
Rainer
414,084
Don Baker
Lane Realty - Eatonton, GA
Lake Sinclair Specialist

just because the current owner hasn't doesn't put that property in the clear.  Insurance companies know.  trust me on that.

Oct 06, 2024 10:25 AM
Rainmaker
1,443,028
John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

Florida is in a unique situation due to past, current and future weather events.

Required disclosures in California are already broad.

Oct 06, 2024 08:30 AM
Rainmaker
2,848,062
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

I wish the people who sit in their offices would stop making all these rules & get out more often

Oct 06, 2024 09:10 AM
Rainmaker
1,100,809
Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

Our AZ SPDS requires seller to disclose if there has been water damage. Also required in our RPC is an insurance claims history. There are instructions to buyer to obtain insurance asap for themselves and not rely on seller's prior insurability.
My folks bought a house here, and had a huge cluster during the transaction bc their house in CA had TWO WATER CLAIMS in 3 years. That made getting insurance SO COST PROHIBITIVE . . . their insurance company simply raised their rates. So these things do come out in the wash, LOL

I'm actually surprised FL just changed their statute, I would have thought it to be material long ago . . .

Oct 06, 2024 08:34 AM
Rainmaker
5,481,782
Wayne Martin
Wayne M Martin - Oswego, IL
Real Estate Broker - Retired

Buyers have a right to know and it should be disclosed. Thomas J. Nelson, REALTOR ® CRS,ABR,PSA,RCS-D, ePRO mentioned C.LU.E. reports and they have been around forever. I venture to say a majority of licensed agents are unaware.

Oct 07, 2024 04:38 AM
Rainmaker
5,198,251
Will Hamm
Hamm Homes - Aurora, CO
"Where There's a Will, There's a Way!"

Well Peter, I guess this would be a major item of anyone buying down south.  My sister lost her place back in 2017 I think in St. Augustine.

Oct 06, 2024 10:18 AM
Rainmaker
1,640,109
Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker, Notary

In CA we've had that for years,but it is not required to be disclosed before offer, it is on our transfer disclosure statement.

Oct 06, 2024 09:06 AM
Rainmaker
5,310,802
Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Real Estate Broker

Haven't seen that here in the Carolinas even though the coasts are always in danger of flood damage. I suspect that people buying in those areas are savvy enough to ask for a history of the properties.

Oct 09, 2024 05:35 AM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Disclose Disclose Disclose is our motto in AZ.

Oct 07, 2024 05:22 PM
Rainmaker
759,592
Lynnea Miller
Bend Premier Real Estate - Bend, OR
Premier Real Estate Service in Central Oregon

We don't have floods in my area, Peter, but we do have a lot of wildfires.  Getting home insurance is getting harder and harder.

Oct 07, 2024 12:48 PM
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Fred Griffin Florida Real Estate
Fred Griffin Real Estate - Tallahassee, FL
Licensed Florida Real Estate Broker

 

 Hi Peter Mohylsky, Beach Broker 

  Here is the Bill Summary. 

    I have not yet seen the FAR forms or updated disclosure that will encompass this requirement.

   

Oct 07, 2024 12:33 PM
Ambassador
2,121,261
Alan May
Jameson Sotheby's International Realty - Evanston, IL
Home again, home again...

Nice to see Florida passing some culture.

Oct 07, 2024 11:14 AM
Rainmaker
942,327
Carla Freund
Keller Williams Preferred Realty - Raleigh, NC
NC Real Estate Transition & Relocation 919-602-848

This is probably a good thing. I recall when we sold our first home in FL around 1996, we had to disclose if we had received insurance money for hail damage. We had unusual hail storms that year. Most buyers would confirm the repairs were done or ask for the money so they could do the repairs.

Oct 07, 2024 08:49 AM
Rainmaker
706,198
Leanne Smith
Dirt Road Real Estate - Golden Valley, AZ
The Grit and Gratitude Agent

Interesting. I have not seen anything yet as the only major weather concern is flooding from Monsoon Season. In AZ, we do have a required Seller's Property Disclosure Statement and that could be added to that document.

Oct 07, 2024 08:39 AM
Rainmaker
8,149,425
Roy Kelley
Retired - Gaithersburg, MD

Smart retirees on the move will be seeking this information.

Oct 07, 2024 04:50 AM
Rainmaker
789,254
Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

This has been required here in California for over two decades.

Oct 06, 2024 09:21 PM
Ambassador
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I can see needing a disclosure for a flooded home, and whether it is repaired or not is important, however do not see how a claim with FEMA makes any additional difference.

Oct 06, 2024 09:06 PM
Rainmaker
922,129
Olga Simoncelli
Veritas Prime, LLC dba Veritas Prime Real Estate - New Fairfield, CT
CONSULTANT, Real Estate Services & Risk Management

Have not seen anything similar in Connecticut. We had a recent severe flood in a small area that was unprecedented, but generally the topography offers some elevation and safety? Ha, that's what they thought in the North Carolina hills. Nothing is sacred anymore. Flood zones need to be disclosed in my state. 

Oct 06, 2024 02:38 PM
Ambassador
3,213,219
Tammy Lankford,
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Broker GA Lake Sinclair/Eatonton/Milledgeville

I just don't think we have a need for that in my state.

Oct 06, 2024 02:07 PM
Rainmaker
2,520,703
Bob "RealMan" Timm
Ward County Notary Services - Minot, ND
Owner of Ward Co Notary Services retired RE Broker

I don't know if we do or not Peter Mohylsky, Beach Broker but I think it is a good idea. I saw a lot of shoddy work done on homes that were flooded in our area. Fly by night contractors sheet rocked right over moldy wall and so on.  Families with allergy issues have a right to know.

Oct 06, 2024 12:15 PM