Chapter 7

Question 1

Term stating the seller is not responsible for repairing any defect

Answer 1

As is

Question 2

Materials whose disposal is regulated by the epa

Answer 2

Hazardous waste

Question 3

Housing not exempt from the lead based paint disclosure

Answer 3

Target housing

Question 4

Something that alerts a reasonably observant person of a problem

Answer 4

Red flag

Question 5

Boundary indicating areas of special flood zone areas

Answer 5

100 year flood

Question 6

Fungus that reproduces by means of spores

Answer 6

Mold

Question 7

State law that protects buyers when buying homes in new subdivisions

Answer 7

Subdivided Lands Law

Question 8

Colorless, odorless, carcinogenses gas that is detectable by a spectrometer

Answer 8

Radon

Question 9

Detailed statement from the seller describing the condition of the property

Answer 9

Transfer Disclosure Statement (TDS)

Question 10

Consumer products such as paints, cleaners, stains, varnishes, car batteries, motor oil, and pesticides that contain hazardous components

Answer 10

Hazardous household waste

Question 11

Special tax is imposed on real property owners within a Community Facilities District

Answer 11

Mello-Roos District

Question 12

Mineral fiber used in construction materials that causes cancer

Answer 12

Asbestos

Question 13

An area delineated by state officials to have an active fault with the potential for surface rupture

Answer 13

Earthquake fault zone

Question 14

Chemical organic, carcinogenesis compound found in building materials

Answer 14

Formaldehyde

Question 15

Tax withholding requirement if the seller is a foreign person

Answer 15

Foreign Investment in Real Property Tax Act (FIRPTA)