Environmental
What is a 'natural hazard disclosure' requirement in Oregon real estate?
AOnly required for properties in declared federal disaster areas
BOregon sellers must disclose known natural hazards including landslide risk, earthquake fault zones, flood plains, and tsunami inundation zones that may affect the property✓ Correct
COnly required for commercial properties
DDisclosure is optional unless the buyer specifically asks
Explanation
Oregon's Seller's Property Disclosure Statement (SPDS) requires sellers to disclose known natural hazards affecting the property, including flood zone designation, landslide or slope instability, earthquake damage history, tsunami inundation zone (for coastal properties), and wildfire risk. These material facts must be disclosed to allow buyers to make informed decisions.
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