Environmental

Electromagnetic fields (EMFs) from power lines are a concern in real estate because:

AThey are proven to cause cancer and must be disclosed by law in all states

BSome buyers consider them a stigma affecting property value, and agents should disclose buyer concerns✓ Correct

CThey void title insurance policies

DThey are regulated under CERCLA

Explanation

While scientific evidence on EMF health risks is not conclusive, many buyers perceive EMFs as a concern that may affect property value. Real estate agents should be aware of and disclose buyer concerns about nearby power lines or transformers.

People Also Study

Key Terms to Know

Title Insurance

Insurance protecting against financial loss from defects in a property's title that existed before closing but were unknown at the time of purchase.

Deed of Trust

A security instrument used in many states instead of a mortgage, involving three parties: borrower (trustor), lender (beneficiary), and a neutral trustee.

Comparable Sales (Comps)

Recently sold properties similar in size, condition, and location used by appraisers and agents to estimate a property's market value.

Abstract of Title

A condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.