A developer proposes to build a new residential subdivision on land located 800 feet from a tidal creek that flows into the Chesapeake Bay in Calvert County, Maryland. The developer's agent is assisting with pre-sale marketing of the lots. Which of the following most accurately describes the agent's disclosure obligations and the regulatory environment affecting the project?
Correct Answer
D) The agent must disclose the lots' Critical Area status to prospective buyers, and the development is subject to strict regulations on impervious surfaces, buffer requirements, and vegetation removal under the Chesapeake Bay Critical Area Act
Under the Chesapeake Bay Critical Area Act (Md. Code Ann., Nat. Res. §§ 8-1801 et seq.), any property within 1,000 feet of the Chesapeake Bay or its tidal tributaries — including tidal creeks — falls within the Critical Area. At 800 feet from a tidal creek, these lots are squarely within the Critical Area. The agent has an affirmative disclosure obligation to inform prospective buyers of the Critical Area designation. The development itself is subject to strict regulations including limitations on impervious surface coverage, mandatory vegetative buffers, and restrictions on clearing vegetation. These obligations apply to land sales and new development, not just existing structures.
Why This Is the Correct Answer
Why the Other Options Are Wrong
Deep Analysis of This Mandated Disclosures Question
Background Knowledge for Mandated Disclosures
Real World Application in Mandated Disclosures
Related Topics & Key Terms
Key Terms:
More Mandated Disclosures Questions
The Truth in Lending Act (TILA) requires disclosure of:
Which disclosure is required under the Real Estate Settlement Procedures Act (RESPA)?
Which federal law requires disclosure of known lead-based paint hazards in residential properties built before 1978?
A seller's agent who is aware of a material defect that the seller has not disclosed should:
For properties built before 1978, buyers must be given how many days to conduct a lead-based paint inspection?
- → What property requires Texas Seller's Disclosure?
- → Environmental hazard disclosures may include information about:
- → Property disclosure forms should be completed:
- → The buyer's right to receive disclosures typically includes:
- → Water intrusion or past flooding must be disclosed:
- → Megan's Law disclosures relate to:
- → The purpose of property disclosure requirements is to:
- → The doctrine of 'caveat emptor' (buyer beware) has been largely replaced by:
- → The majority of homes built before _____ used lead paint.
- → Lead-based paint disclosure is required for residential properties built before: