§ 12:5. Statement regarding flooding of transferred property.

(a)

Every transferor of land and/or building(s) within the parish shall furnish to the transferee, with the purchase agreement, or if no purchase agreement, then at the act of sale, a statement regarding flooding of the property. The statement shall inform the transferee as to whether the property ever flooded during the transferor's possession, and if so, the date and the extent of the flooding.

(b)

Failure to furnish the required statement as to flooding, or falsification of same, shall subject the transferor to a fine of not more than five hundred dollars ($500.00) and/or imprisonment for not more than six (6) months.

(c)

Additionally, every real estate agent or real estate broker who represents a transferor of land and/or building(s) within the parish shall provide the transferor with a form for the required disclosure.

(d)

In the event that there is no real estate agent or real estate broker involved in either the purchase agreement or the act of sale, then the notary performing the act of sale shall be required to provide the disclosure form mentioned in this section.

(e)

Failure to provide the transferor with a form for the required disclosure shall subject the real estate agent or real estate broker, or if there is none, then the notary performing the act of sale, to a fine of not more than one hundred dollars ($100.00).

(Ord. No. 7210, 7-13-83)

Editor's note

Ord. No. 7210, adopted July 13, 1983, inadvertently omitted at time of passage, amended tit. 12 by adding provisions designated by the editor as § 12:5.

Cross reference

Flood damage prevention, § 8:800 et seq.