The principle difference between the various required Natural Hazard Disclosures and the Transfer Disclosure Statement (TDS) is that:
A: The seller is responsible for making the disclosures, and the broker need not concern himself;
B: The broker is primarily responsible for making the disclosures, not the seller;
C: They only have to be provided if the seller has suffered actual property damage from the hazard, whereas the TDS must reveal known property defects regardless of whether any damage has occurred;
D: The seller and/or the seller's agent must consult published maps of known hazard areas to detect and disclose relevant hazards, whereas the TDS requires disclosure of all known property defects.
Answer: D: The seller and/or the seller's agent must consult published maps of known hazard areas to detect and disclose relevant hazards, whereas the TDS requires disclosure of all known property defects.
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