Travis Texas Natural Hazard Disclosure Statement

State:
Multi-State
County:
Travis
Control #:
US-03310BG
Format:
Word; 
Rich Text
Instant download

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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How to fill out Natural Hazard Disclosure Statement?

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Here’s what you need to do before obtaining the Travis Natural Hazard Disclosure Statement: Ensure that your form complies with your state/county, as regulations for creating legal documents can vary from one state to another.

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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.

How Long are they valid for? A: Reports do not expire, however the data on the report might change if the report date isn't current due to government maps changing from time to time.

California is the only state that requires an NHD report. But that doesn't mean you won't have to include disclosures when selling a home in other states.

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.

On the disclosure form, you must indicate whether or not each threat applies to your property. The form costs approximately $125, a fee that's usually paid by the seller at the close of escrow. Supplemental Hazards are also commonly reported in the same report.

Order Report Orders@PropertyID.com (800) 626-0106.

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.

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.

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.

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Travis Texas Natural Hazard Disclosure Statement