Real Estate Agents and Special Studies Zones Disclosure: The Response of California Home Buyers to Earthquake Hazards Information

摘要

The volume reports the methods and results of a study to evaluate the effectiveness of the Alquist-Priolo Special Studies Zones Act, which requires California real estate agents or home sellers to inform prospective buyers that the property lies within one-eighth mile of a trace of an active earthquake fault. Although most agents comply with the letter of the law, there has been no measurable change in buyer behavior or housing price trends.