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Homeowners must now disclose flooding history to buyers under new real estate rules

Posted on AllSides July 1st, 2024
From The Right

It would take a catastrophic series of events for state insurance money to go dry, but that doesn’t remove the burdens, experts warn. Several storms similar to Hurricane Hazel in 1954 could see all state residents chipping in to pay for losses after North Carolina’s Coastal Property Insurance Pool is depleted. The N.C. Insurance Underwriting...

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https://carolinajournal.com/homeowners-must-now-disclose-flooding-history-to-buyers-under-new-real-estate-rules

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