Changes to FEMA’s flood-insurance rate guidelines mean that premiums will likely go up. So could your liability if you’re not making the proper disclosures.

• If you know that flood insurance has been required in the past for one of your listings, that information must be disclosed to buyers.
• If you have knowledge that the area around the property has had previous flooding or many property owners in the area have purchased flood insurance because of the risk of flooding, that information must be disclosed to buyers.

For either of the above scenarios, you also should let buyers know that flood insurance premiums are likely to be higher than in the past.

You can find more information and NAR resources for flood insurance on Realtor.com.