WHY COMMUNITY, NATURAL HAZARDS, AND HISTORICAL BUILDING DISCLOSURES MATTER IN REAL ESTATE SALES
Prior to representing the sale of real estate, research the community’s pros and cons, natural hazards, and historical building codes. Why it matters; beyond building code restrictions, the Santa Monica Mountain Range, and its eastern ridge referred to as Hollywood Hills, has been at risk for fire, floods, landslides and earthquakes. This type of geographic area may influence property use and insurance costs. Due diligence and the California Natural Hazard Disclosure (NHD) statute compliance reduces the likelihood of post-sale claims and litigation tied to undisclosed hazards.
Read More