Editor’s Note: This is part of a monthly video series from the National Association of REALTORS® to inform and educate members about important aspects of being a real estate professional. Watch for this series each month in RISMedia’s e-News.
Watch the latest Window to the Law video from the National Association of REALTORS® (NAR) to learn what you need to know now about flood insurance and disclosures, which can generate a deluge of legal and ethical questions. What needs to be disclosed? How should you advise your sellers? What should you tell buyers about flood risk and flood insurance? NAR Associate Counsel Deanne Rymarowicz answers these questions and more in this month’s Window to the Law video.
Window to the Law: Flood Insurance and Disclosures – What You Need to Know Now
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This is an excellent consumer education piece–I commend NAR for getting all the fact straight and advising real estate agents and consumers to consider flood insurance seriously regardless of location in the high or low risk flood zones. Anywhere it can rain, it can flood.