1441-S AMH APPE H2176.1

 

 

 

SHB 1441 - H AMD 000166 WITHDRAWN 03-17-93

By Representative Appelwick

 

                                                                   

 

    On page 17, beginning on line 3, strike section 302 and insert the following:

 

    "NEW SECTION.  Sec. 302.  A new section is added to chapter 64.04 RCW to read as follows:

    Each earnest money agreement offering real property for sale, and each document conveying real property or an ownership interest in real property, that is located in the area mapped as the one hundred year flood plain, as shown on flood insurance rate maps provided by the federal emergency management agency for the national flood insurance program, shall include in substance the following statement:

 

    "WARNING:  This real property is located in a one hundred year flood plain.  Restrictions may exist as to the uses allowed on the real property and the standards of construction applicable to any construction that may be permitted on the real property."

 

    This statement shall be printed, engraved, written, or otherwise reproduced in a legible manner on the earnest money agreement or document of conveyance."

 


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