Does the average buyer understand how to interpret maps that appear in an NHD Report? Including a map presumes that the recipient can interpret the map. In which case, does that put the burden of interpretation on the buyer or agent? Is there implied liability when a map is part of a real estate transaction?
If a buyer doesn’t understand how to read a map for natural hazards, then does including a map open up a map to misinterpretation? Is a disclosure report, as required by law, without maps, more straight forward and less open to misinterpretation?
Including a map puts the burden on the real estate agent to explain and interpret the map. It seems to imply that a real estate agent has the skill of a cartographer and is an NHD expert. To our thinking, that suggests, something as simple as the addition of a map, might add liability to real estate agent’s already heavy burden of responsibility and legal liability.
Maps are NOT required by law – and we feel it’s for a good reason, so we advocate that it’s inappropriate to include them.
What do you think is the best course of action? We’d really like to hear from you.