Under California Civil Code §1103, the Natural Hazard Disclosure applies to which type of property transfers?
Correct Answer
D) Residential real property of one to four dwelling units
Like the TDS, the NHD under California Civil Code §1103 applies to transfers of residential real property of one to four dwelling units. This includes single-family homes, duplexes, triplexes, and fourplexes.
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Previous Question
A property is located in a Seismic Hazard Zone designated for earthquake-induced landslide under the Seismic Hazards Mapping Act. Which of the following statements accurately describes the legal and practical significance of that designation for a prospective buyer?
Next Question
A California listing agent orders a third-party NHD report for a property in Riverside County. The report arrives and indicates the property is in a State Fire Responsibility Area but NOT in a Very High Fire Hazard Severity Zone. The seller asks the agent to explain the difference. Which answer is correct?