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Real Estate

Real Estate Law 21

admin 2019.05.06 20:23 Views : 221

Check Your Understanding Answers

  1. If more than one environmental law pertains to a property, which one applies?

    The more restrictive law applies. 
     
  2. What is meant by CERCLA’s innocent landowner defense?

    This was based on the idea that in some cases a landowner in the chain of ownership could have been innocent of any wrongdoing and should not be held liable.
     
  3. What does the California Environmental Quality Act require project developers to do?

    The act requires project developers to conduct and submit environmental impact reports for their projects, including possible alternatives that reduce the environmental impact. 
     
  4. According to the California Natural Hazards Disclosure Act, what zones or areas must be disclosed about a property for sale?
    • Special flood hazard area
    • An area of potential flooding if a dam fails
    • A very high fire hazard zone
    • A designated wildland area
    • An earthquake fault zone
    • A seismic hazard zone
    •  
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240 Real Estate Law 32 admin 2019.05.08 270
239 Real Estate Law 31 admin 2019.05.08 1473
238 Performance and Forbearance / Default and Breach admin 2019.05.08 612
237 Real Estate Law 30 admin 2019.05.07 234
236 Quiz 5 admin 2019.05.07 10148
235 Real Estate Law 29 admin 2019.05.07 288
234 Real Estate Law 28 admin 2019.05.07 251
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