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Megan's Law disclosures relate to:

Correct Answer

B) Registered sex offenders in the area

Megan's Law is the name given to the statutes requiring that information about registered sex offenders be made available to the public, and every state maintains a searchable registry. Its real estate significance is that buyers are pointed to that registry: some states, California among them, require a notice in the purchase agreement telling the buyer the registry exists and how to reach it. The licensee's role under such a notice is to direct the buyer to the registry, not to search it, summarize it, or characterize the neighborhood.

Answer Options
A
Environmental hazards on or near the property
B
Registered sex offenders in the area
C
Property tax assessments and special assessments
D
Homeowners association rules and restrictions
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Related Topics & Key Terms

Related Topics:

mandated-disclosuresmaterial-factsagency-disclosure

Key Terms:

Megan's Lawregistered sex offenderspublic notificationsex offender registrybuyer disclosure

Related Concepts

Flood zone disclosure requires informing buyers whether a property is located in a designated flood zone as mapped by FEMA. Properties in high-risk flood zones may require mandatory flood insurance.

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."

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