Section 32-31-1-21 - Disclosure of structure in flood plain(a) This section applies to rental agreements entered into or renewed after June 30, 2009, for residential, agricultural, and commercial property.(b) If the lowest floor of a structure, including a basement, that is the subject of a rental agreement is at or below the one hundred (100) year frequency flood elevation, as determined by: (1) the department of natural resources;(2) the Federal Emergency Management Agency's (FEMA) Flood Insurance Rate Maps; or(3) FEMA approved local flood plain maps; the landlord shall clearly disclose in a landlord-tenant rental agreement that the structure is located in a flood plain.
As added by P.L. 27-2009, SEC.1.