Thousands of SF properties could come with flood risk warning for buyers, renters

By Joshua Sabatini : sfexaminer – excerpt

After a deluge of costly settlements with the owners of properties damaged by flooding, San Francisco is employing new strategies to curb impacts of the heavy rains — among them, a proposed “buyer-beware” requirement for property buyers.

The San Francisco Public Utilities Commission earlier this month approved a resolution calling on the Board of Supervisors to require sellers and landlords of properties prone to flooding due to rainfall and related stormwater runoff to disclose the risks in writing to prospective buyers or renters.

The proposal is only for those 2,100 properties, or 1 percent of parcels citywide, located in the agency’s new 100-year storm flood risk map. About half are residential properties and the others commercial, industrial or public parcels… (more)

 

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