Moving is a scary process. It can become even more nerve wracking when an individual moves to a different state with new natural disasters and risks to your home or business. Some people can move to a new area unprepared for the natural risks that their new property lays on. Due to this, it is often the responsibility of a hired realtor to report these dangers to their clients.
Realtors are able to provide specific information relevant to the exact area they are in using natural hazard reports. These reports can include flood hazard zones, wild land fire areas, and earthquake fault zones. Under the law, Realtors are required to give this to a client if the property they are selling lies in any of these danger zones. They can also provide a number of other information.
Some individuals, without this report, can look at and even buy a property without knowing that they are at high risk of natural disaster. For example, an untrained individual could not tell that their property lies on a fault line or that they are near an area that has a high risk for wild fires. With such reports, home and business property buyers can feel confident that they know all of the risks and possible natural disasters they might encounter.