The listing agent provides the seller with a copy of the natural hazards disclosure statement. The seller and the listing agent fill out the natural hazards disclosure statement and deliver it to the buyer. What disclosure responsibilities does this relieve the agent and the seller of?

A. The duty to disclose latent defects in the property
B. The duty to disclose risks from disasters such as earthquakes and floods, although these must still be disclosed on the transfer disclosure statement
C. The duty to disclose special assessment liens
D. The duty to disclose the agency relationship

Ans: B. The duty to disclose risks from disasters such as earthquakes and floods, although these must still be disclosed on the transfer disclosure statement
Explanation: The natural hazards disclosure statement is used to disclose whether a property is subject to hazards such as earthquakes or floods. Any material fact, even those disclosed elsewhere, must be disclosed on the transfer disclosure statement.