Friday, January 11, 2013

Climate change on the coast: Buyer-beware option considered

News Journal: A state committee said Thursday the public should consider whether property owners selling inside boundaries where seas are predicted to rise will have to disclose that vulnerability to potential buyers. This would be a significant step beyond the existing rule of requiring sellers to disclose to buyers that properties reside in designated flood zones, based largely on historic flood and storm surge records. Sea-level rise disclosures, in contrast, would focus on predictions about areas, now dry,...

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