A buyer in Marin County receives an NHD report that correctly identifies the property as being in a Seismic Hazard Zone. The report does not, however, include a supplemental tax disclosure or information about Mello-Roos. The buyer's agent asks whether the NHD company should have included this information. What is the correct answer?
Correct Answer
B) No, Mello-Roos and supplemental tax disclosures are separate requirements under different statutes and are not part of the NHD
Mello-Roos disclosures are governed by Cal. Civil Code §1102.6b and supplemental tax disclosures by Cal. Revenue and Taxation Code §1646.2. These are separate statutory requirements from the NHD (Cal. Civil Code §1103). While many NHD companies offer bundled reports that include tax disclosures, the NHD itself addresses only the six natural hazard zones.
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Under California law, several parties may have obligations related to natural hazard disclosure. All of the following statements about the NHD are correct EXCEPT:
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