Pensacola Beach Florida Real Estate

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 A rule affecting the state-run property insurer is important for what it no longer requires. HB 1495 by Rep. Bryan Nelson repealed a requirement that, effective Jan. 1, 2010, sellers of property insured by Citizen’s Property Insurance Corp. which is located in the wind-borne debris region with an insured value on the structure of $500,000 or more, provide prospective buyers the structure’s windstorm mitigation rating.

Tampa Tribune, Fla., Catherine Whittenburg

TALLAHASSEE, Fla. – Jan. 4, 2010 – The start of 2010 brings with it the enactment of new state rules and regulations relating to sinkhole insurance and property taxes.