Mandated Natural Hazard Disclosures for your Transaction ~ Order Third Party Disclosures (Don't take a Seller's word for it)
Without the various natural hazards that occur in California such as earthquakes, floods, fires it’s unlikely we would have the great number of disclosure requirements we have today in our state.
But what started it all? How long have we had disclosure?
The San Fernando earthquake which occurred in February 1971 is the reason we have disclosure. The magnitude 6.6 quake claimed 65 lives and caused severe damage to infrastructure including the destruction of two hospitals and the near collapse of Lower Van Norman Dam. As a result of the earthquake, building codes were strengthened and the Alquist-Priolo Special Study Zone Act (later renamed Earthquake Fault Zone Act) passed in 1972.
Earthquake Fault Zones represent mapped zones adjacent to active faults. The Alquist-Priolo Earthquake Fault Zoning Act's main purpose is to prevent the construction of buildings used for human occupancy on the surface trace of active faults. The Act only addresses the hazard of surface fault rupture and is not directed toward other earthquake hazards.
If a property is within an Earthquake Fault Zone, it means that an active fault is present within the zone and the fault may pose a risk of surface rupture to existing or future structures.
Ted Stephanos of blueNHD is a frequent guest on Kapowich on Real Estate