Environmental
In California, what must be disclosed in the 'Transfer Disclosure Statement' regarding environmental hazards?
AOnly hazards that have been officially investigated by government agencies
BAll known material defects and hazards affecting the property, including environmental conditions the seller is aware of✓ Correct
COnly hazards that will cost more than $5,000 to remediate
DEnvironmental hazards are disclosed in a separate form, not the TDS
Explanation
The California Transfer Disclosure Statement (TDS) requires sellers to disclose all known material facts and defects that might affect the property's value or desirability, including environmental hazards. Additional forms (like the Natural Hazard Disclosure and environmental advisories) may also be required.
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