Natural Hazard Disclosure (NHD) is a requirement for all California home sale transactions. The selection of a high quality NHD report is an important item on any home buyer check list, whether its a first-time home buyer or a seasoned real estate professional.
Property ID Corporations Residential Natural Hazard Disclosure Reports are the most accurate, most comprehensive, and most user-friendly NHD report available in the real estate industry. Each report is covered by Property ID's $20 Million Insurance Policy, covering the report and protecting all the individuals that rely on it in the real estate transaction, including buyers, sellers, real estate agents, brokers, transaction coordinators, and escrow officers.
To make the most complete and accurate NHD reports available, Property ID identifies and researches the thousands of hazard zones mapped and reported by hundreds of municipal and government agencies including federal, state, county, and local sources. Guided by Property ID's legal experts, the reports contents are designed to fulfill the requirements of the law, serve the needs of the real estate professional, to inform home buyers and sellers, and to minimize liability and protect all the parties in the real estate transaction.
The Property ID Residential Natural Hazard Disclosure Report is the most comprehensive, accurate and complete NHD report available in the real estate market. The report fulfills the requirements of Civil Code Section 1103.2 and provides the required Natural Hazard Disclosure Statement. Additionally the report meets the further obligations of the seller and their agent to disclose other Federal, State, and locally mapped hazards. Included as standard in the Property ID NHD report, and at no additional cost, is a complete Property Tax Disclosure listing the Special Assessments, Mello-Roos, and Rate-Based (Ad Valorem) property taxes billed on the property. Not only is the Property ID Residential Report the most complete and accurate disclosure report available, but is also backed by a $20 Million Insurance Policy. This policy covers the report and extends to every individual that relies upon it for use in a transaction.
The Property ID Commercial Natural Hazard Disclosure Report offers the seller of commercial property the most comprehensive Disclosure Report available to prospective buyers. The commercial NHD report provides all the benefits of the Residential NHD, but tailored to meet the requirements of commercial real estate transactions. The report notifies the buyers of mapped natural hazards and satisfies the seller's code obligations, which includes disclosure of federal, state, and locally mapped hazards. It also includes a complete Property Tax Disclosure at no additional cost. Not only is the Property ID Commercial Report the most complete and accurate disclosure report available, but is also backed as an insured product by a $20 Million Insurance Policy.
The Property ID Environmental Report discloses the location and details of environmentally impacted sites near the property. The report discloses the locations of hazards identified by the Environmental Protection Agency (EPA), and related state and local agencies, calculating the distance and direction to sites that have been historical environmental hazards and those that are in the clean-up process. The report lists the hazards in proximity to the property and provides the buyer with detailed information about the nature and status of the sites on or near the premises. Each Environmental Report is backed as an insured product by a $20 Million Insurance Policy. This policy covers the report and extends to any individual that relies upon it for use in a transaction. Property ID Environmental Reports can be purchased alone or combined with an NHD report.
California law requires property owners offering residential property for rent or lease to provide disclosures to tenants on or after July 1, 2018.
The Property I.D. Renter Report™ is fully compliant with disclosure requirements pursuant to AB 646. The Renter Report™ protects property owner, owner’s agent, and tenant for any and all legally required disclosures relating to the rental/lease of property under Government Code § 8589.45.