; (2) discloses any actual knowledge of the seller or lessor of— (A) prior physical damage caused by flood to any building located on the property; (B) prior insurance claims for losses covered under the National Flood Insurance Program or private flood insurance with respect to such property; (C) any previous notification regarding the designation of the property as a multiple loss property; and (D) any Federal legal obligation to obtain and maintain flood insurance running with the property, such as any obligation due to a previous form of disaster assistance under the Robert T. Stafford Disaster Relief and Emergency Assistance Act received by any owner of the property; and (3) is delivered by or on behalf of the seller or lessor to the purchaser or lessee before such purchaser or lessee becomes obligated under any contract for purchase or lease of the property. . (b) Availability of flood insurance coverage Subsection (c) of section 1305 of the National Flood Insurance Act of 1968 ( 42 U.S.C. 4012(c) ) is amended— (1) in paragraph (1), by striking and at the end; (2) in paragraph (2), by striking the period at the end and inserting ; and ; and (3) by adding at the end the following new paragraph: (3) given satisfactory assurance that by September 30, 2022, property flood hazard disclosure requirements will have been adopted for the area that meet the requirements of section 1326. . 10. GAO study regarding buyout practices (a) Definitions In this section— (1) the term Administrator means the Administrator of the Federal Emergency Management Agency; (2) the term appropriate committees of Congress means— (A) the Committee on Banking, Housing, and Urban Affairs of the Senate; (B) the Committee on Homeland Security and Governmental Affairs of the Senate; (C) the Committee on Financial Services of the House of Representatives; and (D) the Committee on Transportation and Infrastructure of the House of Representatives