Understanding Your NHD Report
Starts: Monday, Oct 14, 2019 @ 10:00 AM
Location: BH/GLAAR 6330 San Vicente Blvd., Suite 100, Los Angeles, CA 90048

Free
10/14 10:00 AM
Education

10/14 10:00 AM 10/14 10:00 AM America/Los_Angeles Understanding Your NHD Report Education BH/GLAAR 6330 San Vicente Blvd., Suite 100, Los Angeles, CA 90048

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Do You Know How to Read and Understand the NHD Report so you can explain it to your buyer in 5 minutes? 

Class topics:

-How do you determine if the property is in a flood, fire or earthquake zone?

-Is the NHD report mandatory What are the 6 Natural Hazard Disclosures on the Signature Page of the NHD report?

-Can the buyers agent choose the NHD company they prefer when writing an offer on the RPA form?

-Who pays and who is responsible to provide the NHD report?

-The NHD report you choose for your client should include enough E &O Insurance to protect all the parties involved in the transaction, since this is a non-regulated industry

-When is the NHD report required to be given to the buyer?

-How long is the NHD report valid from the day it is written?

-If the property has one address with several APN numbers, do you need more than one NHD report?

-Is the Buyers agent required to sign the Signature Page, which is the statutory form from CAR?

-If your buyer is in a flood zone are they required to pay for flood insurance?






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