What Is A California Real Estate Disclosure?

A California real estate disclosure consists of providing reports that pertain to natural hazards, home warranties, and property insurance. This information provides full disclosure to prospective homeowners to allow them to make a well-informed decision as to whether the selected property is right for them. It also provides the buyer with vital information that could affect them or their property in the future.

Natural Hazards

Natural hazards pertain to the area in which the property is located. You receive full disclosure of local and state codes, which apply to natural disasters and property ownership. It determines whether the area in which the area is situated is considered a flood hazard zone. You are provided with information on probable wildfire areas and locations in which an earthquake is possible. It provides information on carbon monoxide, endangered species within this area, and whether the location is suffered any form of contamination to include oil, gas, and methamphetamines.

Home Warranties

The home warranties provide you with several coverage options. These options include coverage for garage doors, plumbing, code violations, permits, and pre-existing conditions. Some of these choices also provide coverage for major appliance. There is also an option for anyone who chooses to go green. Energy Star appliances are listed within the green options that are covered by the California real estate disclosure providing home warranty coverage. The home warranties provide coverage, which enables you to replace your appliances and other household items should a natural disaster or other event cause the destruction of your home or fixtures.

Property Insurance

The property insurance-based real estate disclosure California goes beyond the simple home and auto insurance. This coverage covers all probable forms of natural disasters. This includes earthquakes, flood, and dwelling fires. The coverage protects the structure of your home, structures found outside of your home, and all of your personal belongings. The disclosure reports that you receive will inform you whether your home or property is located within an area that is prone to experience natural disasters. This information will provide you as to which seasons or months during the year that the probability of these disasters is high.

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