NEHRP Clearinghouse
- Title
- Real Estate Agents and Special Studies Zones Disclosure: The Response of California Home Buyers to Earthquake Hazards Information.
- File
-
PB84224922.pdf
- Author(s)
- Palm, R. I.
- Source
-
National Science Foundation, Washington, DC.,
cJanuary 1981,
163 p.
- Identifying Number(s)
- IBS/TEAM-32
- Abstract
- The volume reports the methods and results of a study to evaluate the effectiveness of the Alquist-Priolo Special Studies Zones Act, which requires California real estate agents or home sellers to inform prospective buyers that the property lies within one-eighth mile of a trace of an active earthquake fault. Although most agents comply with the letter of the law, there has been no measurable change in buyer behavior or housing price trends.
- Keywords
- ; California; Risk; Communicating; Real property; Disasters; Legislation; Earthquakes