Get Natural Hazard Disclosure Statement California UK. 1103 of the california civil code states that real estate seller and brokers are legally required to disclose if the law specifies that the six (6) required hazards be disclosed on a statutory form called the natural hazard disclosure statement (nhds). Other statutes may require disclosures, depending.
The premiere source for real estate pros and home buyers.
In this post, you'll learn what a natural hazard disclosure (nhd) is, what the. California law mandates that developers provide disclosure information relative to natural hazard risks that may affect a subdivision development project and, if necessary, provide separate hazard disclosures to individual lot purchase. 1103 of the california civil code, states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. Such items include the local option transfer statement, the natural hazard disclosure for flood, fire, earthquake fault, and wildland zones.