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Mandated DisclosuresNatural Hazard DisclosureHARD

RI hurricane disclosure:

Correct Answer

B) Hurricane damage history and wind zone location are material facts

RI is vulnerable to hurricanes (1938, 1954, 2012 Sandy). Past hurricane damage and wind zone classification affect insurance costs and property value.

Answer Options
A
Not relevant
B
Hurricane damage history and wind zone location are material facts
C
Federal only
D
Commercial

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Related Topics & Key Terms

Related Topics:

flood zone disclosureseller disclosure requirementsmaterial factsNFIP insurancecoastal property regulations

Key Terms:

hurricane disclosurewind zonematerial factsnatural hazardcoastal Rhode IslandRIEMA

Related Concepts

Protected classes are groups of people who are legally shielded from discrimination based on specific characteristics.

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