Is ethics and morality being abused in the realestate sales area:

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Raccoon1010

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Jul 14, 2020
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Good people and honest people spend their entire lives working hard to save up the money to buy a home to live in and they probably expect a pleasant experience. A news article came up and made me wonder if a law should be created wherein the realtor must disclose if the property lies within either a flood zone or other environmentally potentially dangerous area.

There are zoning maps at the city and county assessors office and may spell out 100 year flood zones, which are floods that on average may occur from large amounts of rapid precipitation and cause damage to communities and there is potential loss of life and also injury.

Is it up to the property buyer or the realtor that sells them the property to identify and natural disaster risks that could occur when living on said property. There is also the insurance premiums that might reflect that and I'm not sure buyers are aware of all of that before purchasing a property and/or home.

I've seen a lot of flood damage on the news and was just wondering if people are being taken advantage of somehow. https://weather.com/news/video/road-collapses-swallowing-car-in-south-dakota-flooding

This is a recent flood danger news story, which often occurs near rivers and in low lying topology such as large spatial depressions that could collect water dangerously. There is also a hydraulic component of how low the "hard pan" sits. The hard pan is a barrier for the water precipitation and if it is not deep enough under the surface it may be problematic such that the precipitation can build up on the surface and damage properties and homes.

There may be other problems I have not considered.