Florida Senate - 2025                        COMMITTEE AMENDMENT
       Bill No. SB 948
       
       
       
       
       
       
                                Ì426640ÆÎ426640                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  03/12/2025           .                                
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       The Committee on Judiciary (Bradley) recommended the following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Delete everything after the enacting clause
    4  and insert:
    5         Section 1. Section 83.512, Florida Statutes, is created to
    6  read:
    7         83.512Disclosure of flood risks to prospective tenant of
    8  residential real property.—
    9         (1)A landlord must complete and provide a flood disclosure
   10  to a prospective tenant of residential real property at or
   11  before the execution of a rental agreement for a term of 1 year
   12  or longer. The flood disclosure must be in a separate document.
   13  The flood disclosure must be made in substantially the following
   14  form:
   15  
   16                          FLOOD DISCLOSURE                         
   17         Flood Insurance: Renters’ insurance policies do not
   18         include coverage for damage resulting from floods.
   19         Tenant is encouraged to discuss the need to purchase
   20         separate flood insurance coverage with Tenant’s
   21         insurance agent.
   22         1.Landlord has .... has no .... knowledge of any
   23         flooding that has damaged any portion of the property
   24         or any structure on the property during Landlord’s
   25         ownership of the property.
   26         2.Landlord has .... has not .... filed a claim
   27         with an insurance provider relating to flood damage on
   28         the property, including, but not limited to, a claim
   29         with the National Flood Insurance Program.
   30         3.Landlord has .... has not .... received
   31         assistance for flood damage to the property,
   32         including, but not limited to, assistance from the
   33         Federal Emergency Management Agency.
   34         4.For the purposes of this disclosure, the term
   35         “flooding” means a general or temporary condition of
   36         partial or complete inundation of the property caused
   37         by any of the following:
   38         a.The overflow of inland or tidal waters.
   39         b.The unusual and rapid accumulation of runoff
   40         or surface waters from any established water source,
   41         such as a river, stream, or drainage ditch.
   42         c.Sustained periods of standing water resulting
   43         from rainfall.
   44  
   45         (2)If a landlord violates this section and a tenant
   46  suffers a substantial loss or damage to the tenant’s personal
   47  property as a result of flooding, the tenant may terminate the
   48  rental agreement by giving a written notice of termination to
   49  the landlord no later than 30 days after the date of the damage
   50  or loss. Termination of a rental agreement under this section is
   51  effective upon the tenant surrendering possession of the
   52  property. For the purpose of this section, the term “substantial
   53  loss or damage” means the total cost of repairs to or
   54  replacement of the personal property is 50 percent or more of
   55  the personal property’s market value on the date the flooding
   56  occurred.
   57         (3)A landlord shall refund the tenant all rent or other
   58  amounts paid in advance under the rental agreement for any
   59  period after the effective date of the termination of the rental
   60  agreement.
   61         (4)This section does not affect a tenant’s liability for
   62  delinquent, unpaid rent or other sums owed to the landlord
   63  before the date the rental agreement was terminated by the
   64  tenant under this section.
   65         Section 2. Section 689.302, Florida Statutes, is amended to
   66  read:
   67         689.302 Disclosure of flood risks to prospective
   68  purchaser.—A seller must complete and provide a flood disclosure
   69  to a purchaser of residential real property at or before the
   70  time the sales contract is executed. The flood disclosure must
   71  be made in the following form:
   72  
   73                          FLOOD DISCLOSURE                         
   74         Flood Insurance: Homeowners’ insurance policies do not
   75         include coverage for damage resulting from floods.
   76         Buyer is encouraged to discuss the need to purchase
   77         separate flood insurance coverage with Buyer’s
   78         insurance agent.
   79         (1) Seller has  has no  knowledge of any
   80         flooding that has damaged any portion of the property
   81         or any structure on the property during Seller’s
   82         ownership of the property
   83         (2) Seller has ☐ has not ☐ filed a claim with an
   84         insurance provider relating to flood damage on the
   85         property, including, but not limited to, a claim with
   86         the National Flood Insurance Program.
   87         (3)(2) Seller has ☐ has not ☐ received federal
   88         assistance for flood damage to the property,
   89         including, but not limited to, assistance from the
   90         Federal Emergency Management Agency.
   91         (4)(3) For the purposes of this disclosure, the
   92         term “flooding” means a general or temporary condition
   93         of partial or complete inundation of the property
   94         caused by any of the following:
   95         (a) The overflow of inland or tidal waters.
   96         (b) The unusual and rapid accumulation of runoff
   97         or surface waters from any established water source,
   98         such as a river, stream, or drainage ditch.
   99         (c) Sustained periods of standing water resulting
  100         from rainfall.
  101         Section 3. Paragraph (a) of subsection (1) of section
  102  718.503, Florida Statutes, is amended to read:
  103         718.503 Developer disclosure prior to sale; nondeveloper
  104  unit owner disclosure prior to sale; voidability.—
  105         (1) DEVELOPER DISCLOSURE.—
  106         (a) Contents of contracts.—Any contract for the sale of a
  107  residential unit or a lease thereof for an unexpired term of
  108  more than 5 years shall:
  109         1. Contain the following legend in conspicuous type:
  110  
  111         THIS AGREEMENT IS VOIDABLE BY BUYER BY DELIVERING
  112         WRITTEN NOTICE OF THE BUYER’S INTENTION TO CANCEL
  113         WITHIN 15 DAYS AFTER THE DATE OF EXECUTION OF THIS
  114         AGREEMENT BY THE BUYER, AND RECEIPT BY BUYER OF ALL OF
  115         THE ITEMS REQUIRED TO BE DELIVERED TO HIM OR HER BY
  116         THE DEVELOPER UNDER SECTION 718.503, FLORIDA STATUTES.
  117         THIS AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING
  118         WRITTEN NOTICE OF THE BUYER’S INTENTION TO CANCEL
  119         WITHIN 15 DAYS AFTER THE DATE OF RECEIPT FROM THE
  120         DEVELOPER OF ANY AMENDMENT WHICH MATERIALLY ALTERS OR
  121         MODIFIES THE OFFERING IN A MANNER THAT IS ADVERSE TO
  122         THE BUYER. ANY PURPORTED WAIVER OF THESE VOIDABILITY
  123         RIGHTS SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE
  124         TIME FOR CLOSING FOR A PERIOD OF NOT MORE THAN 15 DAYS
  125         AFTER THE BUYER HAS RECEIVED ALL OF THE ITEMS
  126         REQUIRED. BUYER’S RIGHT TO VOID THIS AGREEMENT SHALL
  127         TERMINATE AT CLOSING. FIGURES CONTAINED IN ANY BUDGET
  128         DELIVERED TO THE BUYER PREPARED IN ACCORDANCE WITH THE
  129         CONDOMINIUM ACT ARE ESTIMATES ONLY AND REPRESENT AN
  130         APPROXIMATION OF FUTURE EXPENSES BASED ON FACTS AND
  131         CIRCUMSTANCES EXISTING AT THE TIME OF THE PREPARATION
  132         OF THE BUDGET BY THE DEVELOPER. ACTUAL COSTS OF SUCH
  133         ITEMS MAY EXCEED THE ESTIMATED COSTS. SUCH CHANGES IN
  134         COST DO NOT CONSTITUTE MATERIAL ADVERSE CHANGES IN THE
  135         OFFERING.
  136  
  137         2. Contain the following caveat in conspicuous type on the
  138  first page of the contract:
  139  
  140         ORAL REPRESENTATIONS CANNOT BE RELIED UPON AS
  141         CORRECTLY STATING THE REPRESENTATIONS OF THE
  142         DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE
  143         SHOULD BE MADE TO THIS CONTRACT AND THE DOCUMENTS
  144         REQUIRED BY SECTION 718.503, FLORIDA STATUTES, TO BE
  145         FURNISHED BY A DEVELOPER TO A BUYER OR LESSEE.
  146  
  147         3. If the unit has been occupied by someone other than the
  148  buyer, contain a statement that the unit has been occupied.
  149         4. If the contract is for the sale or transfer of a unit
  150  subject to a lease, include as an exhibit a copy of the executed
  151  lease and shall contain within the text in conspicuous type: THE
  152  UNIT IS SUBJECT TO A LEASE (OR SUBLEASE).
  153         5. If the contract is for the lease of a unit for a term of
  154  5 years or more, include as an exhibit a copy of the proposed
  155  lease.
  156         6. If the contract is for the sale or lease of a unit that
  157  is subject to a lien for rent payable under a lease of a
  158  recreational facility or other commonly used facility, contain
  159  within the text the following statement in conspicuous type:
  160  
  161         THIS CONTRACT IS FOR THE TRANSFER OF A UNIT THAT IS
  162         SUBJECT TO A LIEN FOR RENT PAYABLE UNDER A LEASE OF
  163         COMMONLY USED FACILITIES. FAILURE TO PAY RENT MAY
  164         RESULT IN FORECLOSURE OF THE LIEN.
  165  
  166         7. State the name and address of the escrow agent required
  167  by s. 718.202 and state that the purchaser may obtain a receipt
  168  for his or her deposit from the escrow agent upon request.
  169         8. If the contract is for the sale or transfer of a unit in
  170  a condominium in which timeshare estates have been or may be
  171  created, contain within the text in conspicuous type: UNITS IN
  172  THIS CONDOMINIUM ARE SUBJECT TO TIMESHARE ESTATES. The contract
  173  for the sale of a fee interest in a timeshare estate shall also
  174  contain, in conspicuous type, the following:
  175  
  176         FOR THE PURPOSE OF AD VALOREM TAXES OR SPECIAL
  177         ASSESSMENTS LEVIED BY TAXING AUTHORITIES AGAINST A FEE
  178         INTEREST IN A TIMESHARE ESTATE, THE MANAGING ENTITY IS
  179         GENERALLY CONSIDERED THE TAXPAYER UNDER FLORIDA LAW.
  180         YOU HAVE THE RIGHT TO CHALLENGE AN ASSESSMENT BY A
  181         TAXING AUTHORITY RELATING TO YOUR TIMESHARE ESTATE
  182         PURSUANT TO THE PROVISIONS OF CHAPTER 194, FLORIDA
  183         STATUTES.
  184  
  185         9.Contain within the text the following statement in
  186  conspicuous type:
  187  
  188         HOMEOWNERS’ INSURANCE POLICIES DO NOT INCLUDE COVERAGE
  189         FOR DAMAGE RESULTING FROM FLOODING. BUYER IS
  190         ENCOURAGED TO DISCUSS THE NEED TO PURCHASE SEPARATE
  191         FLOOD INSURANCE COVERAGE WITH BUYER’S INSURANCE AGENT.
  192  
  193         DEVELOPER HAS .... HAS NO .... KNOWLEDGE OF ANY
  194         FLOODING THAT HAS DAMAGED ANY PORTION OF THE PROPERTY
  195         OR ANY STRUCTURE ON THE PROPERTY DURING DEVELOPER’S
  196         OWNERSHIP OF THE PROPERTY.
  197  
  198         DEVELOPER HAS .... HAS NOT .... FILED A CLAIM WITH AN
  199         INSURANCE PROVIDER RELATING TO FLOOD DAMAGE ON THE
  200         PROPERTY OR COMMON ELEMENTS, INCLUDING, BUT NOT
  201         LIMITED TO, A CLAIM WITH THE NATIONAL FLOOD INSURANCE
  202         PROGRAM.
  203  
  204         DEVELOPER HAS .... HAS NOT .... RECEIVED ASSISTANCE
  205         FOR FLOOD DAMAGE TO THE PROPERTY OR COMMON ELEMENTS,
  206         INCLUDING, BUT NOT LIMITED TO, ASSISTANCE FROM THE
  207         FEDERAL EMERGENCY MANAGEMENT AGENCY.
  208  
  209         FOR THE PURPOSES OF THIS DISCLOSURE, THE TERM
  210         “FLOODING” MEANS A GENERAL OR TEMPORARY CONDITION OF
  211         PARTIAL OR COMPLETE INUNDATION OF THE PROPERTY OR
  212         COMMON ELEMENTS CAUSED BY THE OVERFLOW OF INLAND OR
  213         TIDAL WATERS; THE UNUSUAL AND RAPID ACCUMULATION OF
  214         RUNOFF OR SURFACE WATERS FROM ANY ESTABLISHED WATER
  215         SOURCE, SUCH AS A RIVER, STREAM, OR DRAINAGE DITCH; OR
  216         SUSTAINED PERIODS OF STANDING WATER RESULTING FROM
  217         RAINFALL.
  218  
  219         Section 4. Paragraph (a) of subsection (1) of section
  220  719.503, Florida Statutes, is amended to read:
  221         719.503 Disclosure prior to sale.—
  222         (1) DEVELOPER DISCLOSURE.—
  223         (a) Contents of contracts.—Any contracts for the sale of a
  224  unit or a lease thereof for an unexpired term of more than 5
  225  years shall contain:
  226         1. The following legend in conspicuous type: THIS AGREEMENT
  227  IS VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE OF THE BUYER’S
  228  INTENTION TO CANCEL WITHIN 15 DAYS AFTER THE DATE OF EXECUTION
  229  OF THIS AGREEMENT BY THE BUYER, AND RECEIPT BY BUYER OF ALL OF
  230  THE ITEMS REQUIRED TO BE DELIVERED TO HIM OR HER BY THE
  231  DEVELOPER UNDER SECTION 719.503, FLORIDA STATUTES. THIS
  232  AGREEMENT IS ALSO VOIDABLE BY BUYER BY DELIVERING WRITTEN NOTICE
  233  OF THE BUYER’S INTENTION TO CANCEL WITHIN 15 DAYS AFTER THE DATE
  234  OF RECEIPT FROM THE DEVELOPER OF ANY AMENDMENT WHICH MATERIALLY
  235  ALTERS OR MODIFIES THE OFFERING IN A MANNER THAT IS ADVERSE TO
  236  THE BUYER. ANY PURPORTED WAIVER OF THESE VOIDABILITY RIGHTS
  237  SHALL BE OF NO EFFECT. BUYER MAY EXTEND THE TIME FOR CLOSING FOR
  238  A PERIOD OF NOT MORE THAN 15 DAYS AFTER THE BUYER HAS RECEIVED
  239  ALL OF THE ITEMS REQUIRED. BUYER’S RIGHT TO VOID THIS AGREEMENT
  240  SHALL TERMINATE AT CLOSING. FIGURES CONTAINED IN ANY BUDGET
  241  DELIVERED TO THE BUYER PREPARED IN ACCORDANCE WITH THE
  242  COOPERATIVE ACT ARE ESTIMATES ONLY AND REPRESENT AN
  243  APPROXIMATION OF FUTURE EXPENSES BASED ON FACTS AND
  244  CIRCUMSTANCES EXISTING AT THE TIME OF THE PREPARATION OF THE
  245  BUDGET BY THE DEVELOPER. ACTUAL COSTS OF SUCH ITEMS MAY EXCEED
  246  THE ESTIMATED COSTS. SUCH CHANGES IN COST DO NOT CONSTITUTE
  247  MATERIAL ADVERSE CHANGES IN THE OFFERING.
  248         2. The following caveat in conspicuous type shall be placed
  249  upon the first page of the contract: ORAL REPRESENTATIONS CANNOT
  250  BE RELIED UPON AS CORRECTLY STATING THE REPRESENTATIONS OF THE
  251  DEVELOPER. FOR CORRECT REPRESENTATIONS, REFERENCE SHOULD BE MADE
  252  TO THIS CONTRACT AND THE DOCUMENTS REQUIRED BY SECTION 719.503,
  253  FLORIDA STATUTES, TO BE FURNISHED BY A DEVELOPER TO A BUYER OR
  254  LESSEE.
  255         3. If the unit has been occupied by someone other than the
  256  buyer, a statement that the unit has been occupied.
  257         4. If the contract is for the sale or transfer of a unit
  258  subject to a lease, the contract shall include as an exhibit a
  259  copy of the executed lease and shall contain within the text in
  260  conspicuous type: THE UNIT IS SUBJECT TO A LEASE (OR SUBLEASE).
  261         5. If the contract is for the lease of a unit for a term of
  262  5 years or more, the contract shall include as an exhibit a copy
  263  of the proposed lease.
  264         6. If the contract is for the sale or lease of a unit that
  265  is subject to a lien for rent payable under a lease of a
  266  recreational facility or other common areas, the contract shall
  267  contain within the text the following statement in conspicuous
  268  type: THIS CONTRACT IS FOR THE TRANSFER OF A UNIT THAT IS
  269  SUBJECT TO A LIEN FOR RENT PAYABLE UNDER A LEASE OF COMMON
  270  AREAS. FAILURE TO PAY RENT MAY RESULT IN FORECLOSURE OF THE
  271  LIEN.
  272         7. The contract shall state the name and address of the
  273  escrow agent required by s. 719.202 and shall state that the
  274  purchaser may obtain a receipt for his or her deposit from the
  275  escrow agent, upon request.
  276         8. If the contract is for the sale or transfer of a unit in
  277  a cooperative in which timeshare estates have been or may be
  278  created, the following text in conspicuous type: UNITS IN THIS
  279  COOPERATIVE ARE SUBJECT TO TIMESHARE ESTATES. The contract for
  280  the sale of a timeshare estate must also contain, in conspicuous
  281  type, the following: FOR THE PURPOSE OF AD VALOREM TAXES OR
  282  SPECIAL ASSESSMENTS LEVIED BY TAXING AUTHORITIES AGAINST A
  283  TIMESHARE ESTATE, THE MANAGING ENTITY IS GENERALLY CONSIDERED
  284  THE TAXPAYER UNDER FLORIDA LAW. YOU HAVE THE RIGHT TO CHALLENGE
  285  AN ASSESSMENT BY A TAXING AUTHORITY RELATING TO YOUR TIMESHARE
  286  ESTATE PURSUANT TO THE PROVISIONS OF CHAPTER 194, FLORIDA
  287  STATUTES.
  288  
  289         9.Contain within the text the following statement in
  290  conspicuous type:
  291  
  292         HOMEOWNERS’ INSURANCE POLICIES DO NOT INCLUDE COVERAGE
  293         FOR DAMAGE RESULTING FROM FLOODING. BUYER IS
  294         ENCOURAGED TO DISCUSS THE NEED TO PURCHASE SEPARATE
  295         FLOOD INSURANCE COVERAGE WITH BUYER’S INSURANCE AGENT.
  296  
  297         DEVELOPER HAS .... HAS NO .... KNOWLEDGE OF ANY
  298         FLOODING THAT HAS DAMAGED ANY PORTION OF THE PROPERTY
  299         OR ANY STRUCTURE ON THE PROPERTY DURING DEVELOPER’S
  300         OWNERSHIP OF THE PROPERTY.
  301  
  302         DEVELOPER HAS .... HAS NOT .... FILED A CLAIM WITH AN
  303         INSURANCE PROVIDER RELATING TO FLOOD DAMAGE ON THE
  304         PROPERTY OR COMMON ELEMENTS, INCLUDING, BUT NOT
  305         LIMITED TO, A CLAIM WITH THE NATIONAL FLOOD INSURANCE
  306         PROGRAM.
  307  
  308         DEVELOPER HAS .... HAS NOT .... RECEIVED ASSISTANCE
  309         FOR FLOOD DAMAGE TO THE PROPERTY OR COMMON ELEMENTS,
  310         INCLUDING, BUT NOT LIMITED TO, ASSISTANCE FROM THE
  311         FEDERAL EMERGENCY MANAGEMENT AGENCY.
  312  
  313         FOR THE PURPOSES OF THIS DISCLOSURE, THE TERM
  314         “FLOODING” MEANS A GENERAL OR TEMPORARY CONDITION OF
  315         PARTIAL OR COMPLETE INUNDATION OF THE PROPERTY OR
  316         COMMON ELEMENTS CAUSED BY THE OVERFLOW OF INLAND OR
  317         TIDAL WATERS; THE UNUSUAL AND RAPID ACCUMULATION OF
  318         RUNOFF OR SURFACE WATERS FROM ANY ESTABLISHED WATER
  319         SOURCE, SUCH AS A RIVER, STREAM, OR DRAINAGE DITCH; OR
  320         SUSTAINED PERIODS OF STANDING WATER RESULTING FROM
  321         RAINFALL.
  322  
  323         Section 5. Subsection (6) is added to section 723.011,
  324  Florida Statutes, to read:
  325         723.011 Disclosure prior to rental of a mobile home lot;
  326  prospectus, filing, approval.—
  327         (6)(a)A mobile home park owner must complete and provide a
  328  flood disclosure to a prospective lessee of residential real
  329  property. Delivery must be made prior to execution of the lot
  330  rental agreement or at the time of occupancy, whichever occurs
  331  first. The flood disclosure must be in a separate document. The
  332  flood disclosure must be made in substantially the following
  333  form:
  334  
  335                          FLOOD DISCLOSURE                         
  336         Flood Insurance: Homeowners’ and renters’ insurance
  337         policies do not include coverage for damage resulting
  338         from floods. You are encouraged to discuss the need to
  339         purchase separate flood insurance coverage your
  340         insurance agent.
  341         1.The park owner has .... has no .... knowledge
  342         of any flooding that has damaged any portion of the
  343         property or any structure on the property during park
  344         owner’s ownership of the property.
  345         2.The park owner has .... has not .... filed a
  346         claim with an insurance provider relating to flood
  347         damage on the property, including, but not limited to,
  348         a claim with the National Flood Insurance Program.
  349         3.The park owner has .... has not .... received
  350         assistance for flood damage to the property,
  351         including, but not limited to, assistance from the
  352         Federal Emergency Management Agency.
  353         4.For the purposes of this disclosure, the term
  354         “flooding” means a general or temporary condition of
  355         partial or complete inundation of the property caused
  356         by any of the following:
  357         a.The overflow of inland or tidal waters.
  358         b.The unusual and rapid accumulation of runoff
  359         or surface waters from any established water source,
  360         such as a river, stream, or drainage ditch.
  361         c.Sustained periods of standing water resulting
  362         from rainfall.
  363  
  364         (b)If a park owner violates this section and a lessee
  365  suffers a substantial loss or damage to the lessee’s mobile home
  366  or personal property as a result of flooding, the lessee may
  367  terminate the rental agreement by giving a written notice of
  368  termination to the park owner no later than 30 days after the
  369  date of the damage or loss. Termination of a rental agreement
  370  under this section is effective upon the lessee surrendering
  371  possession of the property. For the purpose of this paragraph,
  372  the term “substantial loss or damage” means the total cost of
  373  repairs to or replacement of the mobile home and personal
  374  property is 50 percent or more of the mobile home and personal
  375  property’s market value on the date the flooding occurred.
  376         (c)A park owner shall refund the lessee all rent or other
  377  amounts paid in advance under the rental agreement for any
  378  period after the effective date of the termination of the rental
  379  agreement.
  380         (d)This subsection does not affect a lessee’s liability
  381  for delinquent, unpaid rent or other sums owed to the park owner
  382  before the date the rental agreement was terminated by the
  383  lessee under this subsection.
  384  
  385         Section 6. This act shall take effect October 1, 2025.
  386  
  387  ================= T I T L E  A M E N D M E N T ================
  388  And the title is amended as follows:
  389         Delete everything before the enacting clause
  390  and insert:
  391                        A bill to be entitled                      
  392         An act relating to flood disclosures; creating s.
  393         83.512, F.S.; requiring a landlord of residential real
  394         property to provide specified information to a
  395         prospective tenant at or before the time the rental
  396         agreement is executed; specifying how such information
  397         must be disclosed; defining the term “flooding”;
  398         providing that if a landlord fails to disclose flood
  399         information truthfully and a tenant suffers
  400         substantial loss or damage, the tenant may terminate
  401         the rental agreement by giving a written notice of
  402         termination to the landlord within a specified
  403         timeframe; defining the term “substantial loss”;
  404         requiring a landlord to refund the tenant all amounts
  405         paid in advance for any period after the effective
  406         date of the termination of the rental agreement;
  407         providing that a tenant is still liable for any sum
  408         owed to the landlord before the termination of the
  409         rental agreement; amending s. 689.302, F.S.; revising
  410         the flood information that must be disclosed to
  411         prospective purchasers of residential real property;
  412         amending s. 718.503, F.S.; requiring a developer of a
  413         residential condominium unit to provide specified
  414         information to a prospective purchaser at or before
  415         the time the sales contract is executed; specifying
  416         how such information must be disclosed; defining the
  417         term “flooding”; amending s. 719.503, F.S.; requiring
  418         a developer of a residential condominium unit to
  419         provide specified information to a prospective
  420         purchaser at or before the time the sales contract is
  421         executed; specifying how such information must be
  422         disclosed; defining the term “flooding”; amending s.
  423         723.011, F.S.; requiring a park owner of a mobile home
  424         park to provide specified information to a prospective
  425         lessee at or before the time the rental agreement is
  426         executed; specifying how such information must be
  427         disclosed; defining the term “flooding”; providing
  428         that if a park owner fails to disclose flood
  429         information truthfully and a lessee suffers
  430         substantial loss or damage, the lessee may terminate
  431         the rental agreement by giving a written notice of
  432         termination to the park owner within a specified
  433         timeframe; defining the term “substantial loss”;
  434         requiring a park owner to refund the lessee all
  435         amounts paid in advance for any period after the
  436         effective date of the termination of the rental
  437         agreement; providing that a lessee is still liable for
  438         any sum owed to the park owner before the termination
  439         of the rental agreement; providing an effective date.