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15 Cards in this Set
- Front
- Back
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What is a stigmatized property
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hauned property or property near a sex offender
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Are licensees required to disclose sex offender info?
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no, send to do own research
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What law avoids fraudulent advertising of land sold intertstate?
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Federal Interstate Land Sales Full Disclosures Act
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What does Federal interstate Land Sales Act require before land can be sold?
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file property report with HUD and provide to buyer disclosing info about land
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How long is a HOW warranty plan good for on new construction?
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10 years
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Radon?
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colorless and odorless gas entering thru foundation. HUD doesnt require test for FHA.
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What is mitigation?
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lower levels of radon in homes
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Material used to insulate pipes, in shimneys, in siding, in roof, and flooring material?
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asbestos
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What is UFFI?
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Urea Formaldehyde Foam Insulation- pumped into walls as foam that hardens and insulates. moisture softens and allows gas to escape
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Where is lead found?
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dirt, pipes, and paint
lead disclosure before 1978 |
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What are UST's?
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Undergfround storage fuel tanks that can leak and cojntaminate groundwater
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3 reasons to reccommend water testing?
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landfills/waste disposal
UST's farm pesticides |
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What is CERCLA?
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Comprehensive Environmental Response Compensation and Liabilty Act passed 1980
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What created the Superfund to clean up environmental waste?
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CERCLA
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What is the purpose of an environmental impact statement?
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determine effect of a proposed project on the community
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