Common use of Flood Area Clause in Contracts

Flood Area. If the Property is located in an area at risk of flooding as deemed by the State of California, such disclosure must be made to the Tenant. (check one) ☐ - The Landlord has NO KNOWLEDGE of the Property being in a special flood hazard area or an area at risk of potential flooding. ☐ - The Landlord IS AWARE and discloses to the Tenant that the Property is in a flood hazard area and an area that has a high risk of potential flooding. Under California law, the Landlord can declare they have actual knowledge of a flooding hazard on the Property if one of the following is true: o The Landlord currently holds flood insurance on the Property; o The Landlord has received notice from a local, state, or federal agency that the Property is located in a special flood area or an area exposed to potential flooding; or

Flood Area. If the Property is located in an area at risk of flooding as deemed by the State of California, such disclosure must be made to the Tenant. (check one) ☐ ☐
- The Landlord has NO KNOWLEDGE of the Property being in a special flood hazard area or an area at risk of potential flooding. ☐ ☐
- The Landlord IS AWARE and discloses to the Tenant that the Property is in a flood hazard area and an area that has a high risk of potential flooding. Under California law, the Landlord can declare they have actual knowledge of a flooding hazard on the Property if one of the following is true: o The Landlord currently holds flood insurance on the Property; o The Landlord has received notice from a local, state, or federal agency that the Property is located in a special flood area or an area exposed to potential flooding; oror The Landlord’s mortgage holder requires the Landlord to carry flood insurance.