Tuesday, January 17, 2006

Central Arizona Fissure Disclosure

The Arizona Association of Realtors and several elected officials are drafting a bill to try to ensure that buyers receive truthful information about land fissures when they purchase property.

Earth fissures, or subsidence cracks, have been a problem for decades, but have become more prevalent as growth has pushed toward the agricultural fringes of the Valley. Many of the fissure areas have not been mapped in years, if at all, and the legislation would provide funding for new surveys. The bill would ensure that properties in fissure and subsidence prone areas are identified and recorded with the relevant county.

Pinal County areas were noted as having more fissure problems than Maricopa County, but it is a state-wide issue. More...

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