A seller is required to deliver earthquake safety guides to buyers of most masonry buildings with wood frame floors or roofs built prior to:
Correct Answer
D) 1975.
Government Code 8875.6 requires the transferor of an unreinforced masonry building with wood frame floors or roofs, built before January 1, 1975, to deliver the Commercial Property Owner's Guide to Earthquake Safety to the buyer, and Section 8893.2 applies the same January 1, 1975 cutoff to precast concrete and reinforced masonry buildings with wood frame floors or roofs. The date separates buildings put up under the older standards from those built after California tightened its seismic requirements. The guide is delivered as part of the transfer disclosures and is not itself a warranty about the building's condition.
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Related Topics & Key Terms
Related Topics:
Key Terms:
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HOA disclosure requires informing buyers about the existence, rules, fees, financial health, and restrictions of a homeowners association governing the property. This information helps buyers understand their obligations before purchase.
The Lead-Based Paint Disclosure is a federally mandated disclosure required for all residential properties built before 1978. Sellers and landlords must disclose known lead-based paint hazards and provide the EPA pamphlet "Protect Your Family From Lead in Your Home."
A material defect is a condition that significantly affects the value, desirability, or safety of a property and that would likely influence a reasonable buyer's decision to purchase or the price they would pay.
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