ALBANY, N.Y. (NEWSnet/AP) — New York Gov. Kathy Hochul on Friday signed a bill requiring people selling their homes to disclose whether their properties have been flooded or are at risk for future flooding.

The new law comes as inland areas in the state have become more vulnerable to flooding.

The signing will make New York at least the 30th state in the country to require flood disclosures during home sales. New York has a similar law in place for rental properties.

The law closes a loophole in state law that has allowed home sellers to pay a $500 fee to avoid disclosing their home’s flood risk. The law also requires sellers to disclose additional information about flooding in their properties, such as whether the property is in a flood hazard area and if any flood insurance claims have been filed.

Copyright 2023 NEWSnet and The Associated Press. All rights reserved.