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Understanding Your NHD Report
Starts: Monday, Oct 14, 2019 @ 10:00 AM
Location: BH/GLAAR 6330 San Vicente Blvd., Suite 100, Los Angeles, CA 90048

10/14 10:00 AM

10/14 10:00 AM 10/14 10:00 AM America/Los_Angeles Understanding Your NHD Report Education BH/GLAAR 6330 San Vicente Blvd., Suite 100, Los Angeles, CA 90048


Do You Know How to Read and Understand the NHD Report so you can explain it to your buyer in 5 minutes? 

Class topics:

-How do you determine if the property is in a flood, fire or earthquake zone?

-Is the NHD report mandatory What are the 6 Natural Hazard Disclosures on the Signature Page of the NHD report?

-Can the buyers agent choose the NHD company they prefer when writing an offer on the RPA form?

-Who pays and who is responsible to provide the NHD report?

-The NHD report you choose for your client should include enough E &O Insurance to protect all the parties involved in the transaction, since this is a non-regulated industry

-When is the NHD report required to be given to the buyer?

-How long is the NHD report valid from the day it is written?

-If the property has one address with several APN numbers, do you need more than one NHD report?

-Is the Buyers agent required to sign the Signature Page, which is the statutory form from CAR?

-If your buyer is in a flood zone are they required to pay for flood insurance?

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