SECTION 1. Chapter 183 of the General Laws, as appearing in the 2014 Official Edition, is hereby amended by inserting after Section 69 the following section:-

Section 70. (a) A civil action may be brought under this section, by the owner of a building or structure, against a company or contractor completing a standard flood hazard determination form for a bank or an insurance company regarding whether a building or structure is located within a special flood hazard area, if:

(1) the person completing the flood hazard determination form:

(A) completes the form on behalf of a bank or an insurance company;

(B) completes the form for a fee or other consideration; and

(C) offers a guarantee for services provided;

(2) the flood hazard determination designated incorrectly that a building or structure is located in a special flood hazard area or is not located in a special flood hazard area; and

(3) the owner of the building or structure suffered damages, including failure to obtain flood insurance for the building or structure.

(b) In any civil action under this section, there shall be a rebuttable presumption that the flood hazard determination was conducted correctly if the standard flood hazard determination form is certified by a professional engineer or a professional land surveyor as defined in Section 81D of Chapter 112. The rebuttable presumption may be overcome upon a finding of a court, based on the preponderance of the evidence, that the flood hazard determination was conducted incorrectly.

(c) In any such action, the court may award: (i) actual damages; (ii) reasonable attorney’s fees; and (iii) court costs.