Santa Clara California Natural Hazard Disclosure Statement

State:
Multi-State
County:
Santa Clara
Control #:
US-03310BG
Format:
Word; 
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Description

A natural hazard disclosure is a document given by the seller of a real estate property to the buyer, outlining whether the property is in an area known to be prone to natural disaster, such as flooding, earthquakes, hurricanes, or tornadoes. It is designed to protect buyers from unknowingly purchasing property that might incur damages from natural disasters simply because of the property's location in a naturally hazardous area. The disclosure document is usually prepared by a third party to the transaction to prevent disclosure fraud.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

A Natural Hazard Disclosure (NHD) report is a legal disclosure form that is required in California for almost all home sales. NHD reports indicate if a home is located in an area that is prone to flooding, fires, earthquakes, or seismic activity.

The natural hazard disclosure report (NHD) is a California-specific report that home sellers must obtain for their buyers in order to sell a home in a natural hazard zone. This is required by state law in California for sellers to be in compliance with the 1998 Natural Hazard Disclosure Act.

Who pays for the natural hazard report? Natural Hazard Disclosures can be prepared by a third-party company or the seller with help from their real estate agent. If the NHD is ordered from a third-party company, the seller usually pays for it. The report typically costs between $50 and $150.

Your best bet is to ask your experienced real estate agent to help so that you're sure to get a reliable report in a timely manner. As soon as we open up escrow on a listing, we order the NHD, assures McCaslin-Curtis. The seller is the one that usually pays for that as part of their disclosure packet.

My Natural Hazard Disclosure, or myNHD is the fastest, easiest way to secure your reports for both residential and commercial transactions. We have been the industry leader for decades and continue to provide the best in customer service and exceptional value.

A Natural Hazard Disclosure (NHD) report is a legal disclosure form that is required in California for almost all home sales. NHD reports indicate if a home is located in an area that is prone to flooding, fires, earthquakes, or seismic activity.

The six issues commonly covered within the Natural Hazard Disclosure are special flood risks, dam inundation, seismic activity, earthquake faults, very high fire and/or wildlife fires. On top of these main issues, the report can also cover minor hazards.

The report will typically cost home sellers $50 $150 depending on its length. Once buyers get the NHD form, they have 3 days to review the document and decide whether they still want to buy the home.

JCP-LGS Disclosures.com is one of the leading providers of natural hazard disclosure reports. JCP-LGS strives to meet your needs to provide comprehensive natural hazard disclosure reports that are produced by experts in geology and geo-spatial analysis.

Who pays for the natural hazard report? Natural Hazard Disclosures can be prepared by a third-party company or the seller with help from their real estate agent. If the NHD is ordered from a third-party company, the seller usually pays for it. The report typically costs between $50 and $150.

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Santa Clara California Natural Hazard Disclosure Statement