Natural Hazards Disclosures
Here in California (these disclosures may vary from state to state) we have a sizeable list of disclosures about natural hazards. These must be shared with buyers during the due diligence period so they are informed about the home they are attempting to purchase.
Property ID is the major company that provides these disclosures on behalf of the sellers, to the buyers, who must review them and acknowledge receipt. These issues are not negotiable, but buyers can decide whether or not to move ahead with the deal based on what is shared during these disclosures.
Here is the list of what you can expect in your report:
- Earthquake Fault zone
- Fault Activity
- Flood Hazard Zone
- Wildland Fire Area and Very High Fire Hazard Severity Zone
- Landslide Inventory Report
- Liquifaction Susceptibility
- Flood and Inundation Hazards
- Mello Roos Facilities
- Military Ordnance Facilities
- Land Conservation Determination
- Industrial Use Areas
- Ultramafic Rock Zone Determination
- Airport Facility Determination
- Critical Habitat Determination (endangered wildlife)
- Proposition U Bond Determination
- Radon Gas Determination
- Special Tax Assessments
The report also includes special handouts on environmental hazards (asbestos, formaldehyde, radon, hazardous wastes, household hazardous wastes and lead – the last a federal discosure).
There is a Homeowner’s Guide to Earthquake Safety.
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