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15 Cards in this Set

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