ILLINOIS, Ill. (WCIA) — Beginning in 2025, property owners in Illinois will be required to disclose new information to potential tenants.
Property owners will be required to inform prospective renters if a property is located in a FEMA Flood Hazard or if a specific unit has flooded previously.
The legislation was passed by State Representative Abdelnasser Rashid (D-Bridgeview) who said it will help renters be more protected from flooding.
“Even one flooding event can be financially catastrophic to a family,” Rashid said. “With climate change making floods much more common and extreme, this is one important step we can take to protect working families.”
Senate Bill 2601 will help prospective renters make informed decisions about if they should purchase flood insurance, which is not typically included in renter’s insurance.
“This bill is a crucial step toward ensuring the safety and wellbeing of tenants across the state,” Senator Mike Porfirio, who introduced the legislation in the Senate, said. “By requiring landlords to disclose flood hazards, we are arming renters with the knowledge they need to protect themselves and their families from potential harm.”
For a full list of laws beginning in the new year, click here.
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December 22, 2024 at 08:23PM
