EX-10.3
from 10-K
31 pages
Flood Disclosure Notice in Accordance With Texas Law, We Are Providing the Following Flood Disclosure: · We ☐ Are or ☐ Are Not Aware That the Unit You Are Renting Is Located in a 100 - Year Floodplain. if Neither Box Is Checked, You Should Assume the Unit Is in a 100 - Year Floodplain. Even if the Unit Is Not in a 100 - Year Floodplain, the Unit May Still Be Susceptible to Flooding. the Federal Emergency Management Agency (Fema) Maintains a Flood Map on Its Internet Website That Is Searchable by Address, at No Cost, to Determine if a Unit Is Located in a Flood Hazard Area. Most Renter’s Insurance Policies Do Not Cover Damages or Loss Incurred in a Flood. You Should Seek Insurance Coverage That Would Cover Losses Caused by a Flood. · We ☐ Are or ☐ X Are Not Aware That the Unit You Are Renting Has Flooded (Per the Statutory Definition Below) at Least Once Within the Last Five Years. as Defined in Texas Property Code 92.0135(a)(2), “Flooding” Means “A General or Temporary Condition of a Partial or Complete Inundation of a Dwelling Caused By: (A) the Overflow of Inland or Tidal Waters; (B) the Unusual and Rapid Accumulation of Runoff or Surface Waters From Any Established Water Source Such as a River, Stream, or Drainage Ditch; or (C) Excessive Rainfall.” Signatures of All Residents Signature of Owner or Owner’s Representative Date Texas Apartment Association
12/34/56
