Question

The disclosure requirement that is concerned with special flood areas, dam failure, high fire severity, wild and forest fire, earthquake fault zone, and seismic hazard zones, is the:

Answer 1

Answer:

natural hazard disclosure statement.

Explanation:

The natural hazard disclosure statement or report can be regarded case the report that give details about status of a property, it allows to know if a property is in an area where there is an hazards. These area with hazard could contain earthquake fault, seasonal flooding, it could as well be fire hazard area. The disclosure form usually costs approximately $125, depending on geographical location, with a fee that will be paid at close of escrow by the seller. It should be noted that the disclosure requirement that is concerned with special flood areas, dam failure, high fire severity, wild and forest fire, earthquake fault zone, and seismic hazard zones, is the natural hazard disclosure statement.