S. red flag
Something that alerts a reasonably observant person of a potential
problem
L. material facts
Items that would affect the value or desirability of the property
A. Agency Relationship Disclosure Act
Act clarifying the relationships between sellers, brokers, and buyers
C. caveat emptor
Let the buyer beware
R. Real Estate Transfer Disclosure
Statement
Detailed statement telling what the seller knows about the condition
of the
property
O. Natural Hazard Disclosure
Statement
Prescribed statement warning prospective buyers about 6 specific
hazards
that may limit the ability to develop the real property,
to obtain insurance,
or to receive assistance after a disaster
F. flood hazard boundary maps
Maps identifying general flood hazards within a community
J. inundation map
Map indicating areas that may flood as the result of a dam failure
E. fault creep
Movement along an earthquake fault caused by stress and/or earthquake
shaking
B. asbestos
Mineral fiber that causes lung and stomach cancer
Q. radon
Colorless cancer-causing gas detected with a spectrometer
K. lead
Mineral that causes major health problems, especially learning disabilities
G. formaldehyde
Chemical organic compound found in building materials, which may be a
carcinogen
H. hazardous waste
Chemicals, explosives, radioactive, or biological materials whose
disposal is
regulated by the EPA
I. household hazardous waste
Consumer products (paints, cleaners, stains, varnishes, car
batteries, motor
oil, and pesticides) containing hazardous components
N. mold
Fungus that reproduces by means of spores
P. ordnance
Military weapons and ammunition
M. Mello-Roos District
Area with a special assessment imposed on real property owners within
a
Community Facilities District
D. common interest development
Name for community apartment project, condominium project, planned
development, or stock cooperative
T. R-value
Resistance to heat loss