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The Natural Hazards Disclosure Act, under Sec. 1103 of the California Civil Code, [1] states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the ...
Researchers compiled a list of 112 businesses that were subject to SB 27 and did not supply an opt-out option that would exempt them from required disclosure. When these 112 businesses were served information sharing disclosure requests, only 59 of them responded as required by law.
The California Public Records Act (Statutes of 1968, Chapter 1473; currently codified as Division 10 of Title 1 of the California Government Code) [1] was a law passed by the California State Legislature and signed by governor Ronald Reagan in 1968 requiring inspection or disclosure of governmental records to the public upon request, unless exempted by law.
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In addition, private transfer fee statutes in Alabama, California, Colorado, Connecticut, Louisiana, Minnesota, Nebraska, Nevada, New Jersey, New York, North Dakota, Pennsylvania, South Carolina, South Dakota, Utah, and Wyoming [11] (as of 2017) require that a separate disclosure document must also be filed in the real property records. The act ...
The California Environmental Quality Act (CEQA / ˈ s iː. k w ə /) is a California statute passed in 1970 and signed in to law by then-governor Ronald Reagan, [1] [2] shortly after the United States federal government passed the National Environmental Policy Act (NEPA), to institute a statewide policy of environmental protection.
The required notice must also include, in a conspicuous place on the notice, a summary of the procedures applicable to the completion, return, and tabulation of the assessment ballots required under Proposition 218, including a disclosure statement that the assessment will not be imposed if the ballots submitted in opposition to the assessment ...
The seller disclosure notice or statement is anecdotal and does not serve as a substitute for any inspections or warranties the purchaser may wish to obtain. It also does not serve as a warranty of any kind. [1] Deliberate misrepresentation in the statement can result in liability. [2] Seller disclosure statements are not compulsory in New ...