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3 Cards in this Set
- Front
- Back
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6.3 - Material Fact |
Any fact that is likely to affect the decision of a party as to whether to enter into a transcation on the specified terms. |
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6.3 - Material Facts Regarding Property Condition |
1. Land and soil condition 2. Accuracy of representation of lot or improvement size, encroachments, or easements. 3. Pest infestation 4. Structural issues 5. Conditions of electrical and plumbing systems 6. Natural hazard or "specifically regulated area" 7. Known alterations or additions |
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6.3 Material Facts Related to Public Controls, Statuates, Utilities |
1. Zoning and planning info 2. Special school or utility taxation districts 3. Nuisances such as flight path, highways, power lines, etc. 4. Local taxes, special assessments, liens 5. External environmental hazards (landfill, etc.) 6. Stigmatized property and Megan's Law |
