California Government Code 8589.4 – (a) A person who is acting as an agent for a transferor of real …
(a) A person who is acting as an agent for a transferor of real property that is located within an area of potential flooding shown on an inundation map prepared pursuant to § 6161 of the Water Code, or the transferor if he or she is acting without an agent, shall disclose to any prospective transferee the fact that the property is located within an area of potential flooding.
(b) Disclosure is required pursuant to this section only when one of the following conditions is met:
Terms Used In California Government Code 8589.4
- County: includes city and county. See California Government Code 19
- Fraud: Intentional deception resulting in injury to another.
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Person: includes any person, firm, association, organization, partnership, limited liability company, business trust, corporation, or company. See California Government Code 17
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
- Subdivision: means a subdivision of the section in which the term occurs unless some other section is expressly mentioned. See California Government Code 10
(1) The transferor, or the transferor’s agent, has actual knowledge that the property is within an inundation area.
(2) The local jurisdiction has compiled a list, by parcel, of properties that are within the inundation area and a notice has been posted at the offices of the county recorder, county assessor, and county planning agency that identifies the location of the parcel list.
(c) In all transactions that are subject to § 1103 of the Civil Code, the disclosure required by subdivision (a) of this section shall be provided by either of the following means:
(1) The Local Option Real Estate Disclosure Statement as provided in Section 1102.6a of the Civil Code.
(2) The Natural Hazard Disclosure Statement as provided in § 1103.2 of the Civil Code.
(d) For purposes of the disclosure required by this section, the following persons shall not be deemed agents of the transferor:
(1) Persons specified in § 1103.11 of the Civil Code.
(2) Persons acting under a power of sale regulated by § 2924 of the Civil Code.
(e) § 1103.13 of the Civil Code shall apply to this section.
(f) The specification of items for disclosure in this section does not limit or abridge any obligation for disclosure created by any other provision of law or that may exist in order to avoid fraud, misrepresentation, or deceit in the transfer transaction.
(Amended by Stats. 2017, Ch. 26, Sec. 59. (SB 92) Effective June 27, 2017.)