For this week’s Discussion Board, please post 3 different things that could adversely effect the desirability of a property that are NOT related to the structure itself, in other words neighborhood or neighbor situations or nuisances. Feel free to share any experiences of family members or friends.

1. Regarding disclosures in real estate, please define what a material fact is, give examples.

2. Name and describe the 5 different sections to the Transfer Disclosure Statement

3. Name and describe the 6 areas addressed in the Natural Hazard Disclosure Statement

4. Explain what exactly is Megan’s Law, does a real estate agent need to do any research for or with the buyer? What is the website to conduct this research?

5. Describe the purpose of the Agent’s Visual Inspection Disclosure form, how is it different from the Transfer Disclosure Form ?