Effective March 28, 2022, under City Ordinance 22-6 Relating to STR, sellers are obligated to disclose to the buyer whether or not the residential property being sold may be used legally as a short-term rental. Review the informational bulletin for members as prepared by HBR’s General Counsel -- NOTE: Q&A info updated 05/02/2022

Effective May 1, 2022, changes in the Seller's Real Property Disclosure Statement (SRPDS) from Act 179 now include new sea level rise disclosure requirements. If a seller’s residential property is determined to lie within a special flood hazard area or sea level rise exposure area, it must be disclosed to the buyer. More information is provided at the HAR website.

Read the latest issue for more on how REALTORS can advocate for better housing opportunities as well as the 2023 HBR Board of Directors Slate of Candidates. (login required)