Earthquake Faults
Thursday, April 15, 2010 | Comments Off
The Alquist-Priolo Earthquake Fault Zoning Act prohibits building for human occupancy astride active faults. Sellers of existing residences MUST disclose to a potential buyer that the property is located in a designated fault zone. Homeowners don’t know what the legal laws are on Earthquake reporting, this is why it’s important to hire a real estate professional. We keep abreast on all new laws and regulations being required to sell a home. If you don’t disclose that a home is in a earthquake fault you might be liable to buy this home back from the buyer if something happens.