In North Carolina, a seller must disclose on the RPOADS if the property is located in a:
Why Special flood hazard area (100-year floodplain) Is Correct
Answer B: Special flood hazard area (100-year floodplain)
Exam Tip: Environmental
Environmental questions test knowledge of hazards like asbestos, lead-based paint, radon, and mold. Know the disclosure requirements and when a professional inspection is required. CERCLA liability is strict, joint, and several.
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Related North Carolina Questions
- North Carolina requires disclosure of lead-based paint hazards in residential properties built before:Environmental
- The North Carolina Residential Property and Owners Association Disclosure Statement (RPOADS) must be provided to buyers of:Contracts
- A NC property located within a designated 'Special Flood Hazard Area' (SFHA) requires the buyer to:Environmental
- North Carolina requires mandatory agency disclosure. This disclosure must occur:North Carolina License Law
- The North Carolina Residential Rental Agreements Act requires landlords to:Property Management
- A NC seller is required to disclose on the Residential Property Disclosure Statement whether the property is subject to:Environmental
- The NC Flood Damage Prevention Ordinances (adopted in NFIP-participating communities) require that new construction in a Special Flood Hazard Area be built:Environmental
- The NC Homeowners Association Act (Chapter 47F) requires HOAs to provide unit owners with how many days' notice before a special assessment?Property Ownership
Key Terms to Know
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
State-Specific Concepts
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