What is a Natural Hazards Disclosure and why do you need one? This course will…
- help you understand and read the NHD report
- show you what the report will cover (or uncover)
- why this report is so important
- and so much more!
WHAT IS A NATURAL HAZARDS DISCLOSURE AND WHY DO YOU NEED IT?
The Natural Hazards Disclosure Act under Sec. 1103 of the California Civil Code states that real estate sellers and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the Natural Hazard Disclosure Statement (NHDS).
Maybe you’ve noticed. California tends to do things differently than other states. You see it in the state’s culture, commerce and economy. In real estate, California is unique for its attention to property hazard disclosure. The state has suffered some of the worst natural disasters in the nation’s history – earthquakes, floods, fires – and we’ve learned a thing or two about protecting real estate consumers.
April 13, 2022
1:00 pm - 2:00 pm