A buyer in Los Angeles asks her agent about the difference between the TDS and the NHD. Which statement BEST explains the distinction?
Correct Answer
A) The TDS covers the property's physical condition as known by the seller, while the NHD identifies whether the property is in government-mapped natural hazard zones
The TDS (Cal. Civil Code §1102) covers the seller's knowledge of the property's physical condition, defects, and improvements. The NHD (Cal. Civil Code §1103) addresses whether the property is located in one or more of six government-mapped natural hazard zones. They are separate documents addressing different types of information.
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Previous Question
Under California Civil Code §1103, sellers must disclose natural hazard zone information. All of the following actions satisfy the seller's NHD obligation EXCEPT:
Next Question
A California listing agent receives a third-party NHD report stating the property is NOT in any of the six statutory hazard zones. However, the agent has personal knowledge from living in the area that the neighborhood experienced significant flooding two years ago due to a nearby creek overflowing. Under California law, what is the agent's obligation?
