NHD Red Flags: Recognizing the Risks of Non-Regulation

Beginning March 1, 1998, the sellers of many residential properties must give prospective buyers a "Natural Hazard Disclosure Statement." Repeated floods, fires, and earthquakes, plus the increasing ability to map the areas susceptible to natural disasters, prompted state legislators to mandate sellers to tell buyers more about the condition of the homes they might buy. Natural hazards aren’t just a problem for real estate buyers and sellers; navigating the disclosure process can be full of pitfalls for REALTORS® as well.

Instructor: Chuck Piro

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