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Real Estate Exam [California] 13, Environmental Hazards and Regulations
Published 1 week, 2 days ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The federal requirement to disclose lead-based paint for homes built before 1978 and the buyer's right to an inspection period.
- A seller's duty in California to disclose all *known* asbestos, radon, and mold, even if they are not required to conduct an inspection.
- The critical disclosures required by the Alquist-Priolo Act for properties within Earthquake Fault Zones.
- Key items covered in the Natural Hazard Disclosure (NHD) Statement, including special flood hazard areas and very high fire hazard severity zones.
- Why selling a property "as-is" never excuses the seller from their legal obligation to disclose known environmental hazards.
For more free exam prep tools, practice questions, and AI-powered explanations, visit https://open-exam-prep.com/ or YouTube Channel: https://www.youtube.com/@Open-exam-prep