California real estate disclosure laws California Real Estate Disclosures | Page 17

Code. If the property is within the Commission’s jurisdiction, the report shall contain the following notice: NOTICE OF SAN FRANCISCO BAY CONSERVATION AND DEVELOPMENT COMMISSION JURISDICTION This property is located within the jurisdiction of the San Francisco Bay Conservation and Development Commission. Use and development of the property within the commission’s jurisdiction may be subject to special regulations, restrictions, and permit requirements. You may wish to investigate and determine whether they are acceptable to you and your intended use of the property before you complete your transaction. (CAL. BUS. & PROF. § 11010; CAL. CIV. §§ 1102.6a, 1103.4, 1353) 4. Natural Hazards Disclosure Unless the transfer of the property is subject to an exemption from this disclosure, the seller or the seller’s agent for this purpose must make appropriate disclosures if the property is in one or more of the following zones or areas: • Zone A or Zone V (special flood hazard area) as designated by the Federal Emergency Management Agency. The seller’s agent, or the seller, if acting without an agent, must make this disclosure if: o The seller, or the seller’s agent has actual knowledge that the property is in a special flood hazard area; or o The local jurisdiction has compiled a list of parcels that are in a special flood hazard area and has posted at the offices of the county recorder, county assessor, and county planning agency a notice that identifies the location of the parcel list. (CAL. GOV’T § 8589.3) • An area of potential flooding shown on a map as an area which will be inundated if a dam fails. The seller’s agent, or the seller if acting without an agent, must make this disclosure if: o The seller, or the seller’s agent, has actual knowledge that the property is within a delineated inundation area; or o The local jurisdiction has compiled a list of parcels that are in the inundation area and has posted at the offices of the county recorder, county assessor, and county planning agency a notice that identifies the location of the list. (CAL. GOV’T § 8589.4) -10-