Friday, April 21, 2006
“Coastal Hazard Notification” bill
The Caribbean Conservation Corporation, through its Sea Turtle Survival League program, is leading efforts to safeguard globally important sea turtle nesting beaches in Florida. The thin ribbon of sand surrounding the Florida peninsula is home to about 90% of all sea turtle nesting in the continental United States
· CCC worked with legislators to draft a “Coastal Hazard Notification” bill. The bill requires that the seller of real property on the coast provide a disclosure to the buyer that the property may be subject to erosion. The disclosure also provides directions to prospective buyers for determining whether the State has declared a particular stretch of beach as “critically eroding.” It also notifies the buyer that sea turtle protection laws may impact future construction activities on the property. The purpose of the legislation is to increase transparency in the sales transaction, to help avoid litigation, and to increase public awareness of the dynamic, sometime risky nature of building and living on the Florida coastline. Senate Bill 0964: Relating to Coastal Property Sales/Disclosures.
Florida may soon require disclosure to buyers of property in beach front associations that have certain types of beach armoring such as Geo-Tubes due to the fact that such systems require constant upkeep and have fines and/or property liens which can be imposed by state and federal agencies if the tubes are left uncovered during Turtle nesting season.
A performance lien may even be placed on the entire sub-division
· CCC worked with legislators to draft a “Coastal Hazard Notification” bill. The bill requires that the seller of real property on the coast provide a disclosure to the buyer that the property may be subject to erosion. The disclosure also provides directions to prospective buyers for determining whether the State has declared a particular stretch of beach as “critically eroding.” It also notifies the buyer that sea turtle protection laws may impact future construction activities on the property. The purpose of the legislation is to increase transparency in the sales transaction, to help avoid litigation, and to increase public awareness of the dynamic, sometime risky nature of building and living on the Florida coastline. Senate Bill 0964: Relating to Coastal Property Sales/Disclosures.
Florida may soon require disclosure to buyers of property in beach front associations that have certain types of beach armoring such as Geo-Tubes due to the fact that such systems require constant upkeep and have fines and/or property liens which can be imposed by state and federal agencies if the tubes are left uncovered during Turtle nesting season.
A performance lien may even be placed on the entire sub-division
