Airport-area homeowners must disclose locations
Airport-area homeowners selling their homes after Jan. 1, 2004, will have to notify potential buyers that their home is within an airport influence zone, according to a new piece of state legislation.
The legislation, titled AB 2776, has brought praise from area realtors and airport officials, but has also been opposed by citizens across the state, such as those that launched http://www.defendmyhome.com, who fear that the disclosure may devalue their homes.
“In many ways highlighting these issues is to the benefit of everyone, not only of buyers and sellers, but to the real estate professional as well,” said John Falk of the Tahoe Sierra Board of Realtors. “Anything that impacts one’s decision to buy or not to buy should be disclosed.”
Truckee Tahoe Airport Manager David Gotschall, praised the legislation and hoped that in the long run it may decrease the number of noise complaints the airport receives.
“If you go out and buy a house you may never know that the airport was there,” Gotschall said. “Basically it is a wake-up call that says planes may fly over your house.”
Gotschall sees the measure as a way to make people take responsibility for buying a house in an area of known airport activity.
“Make your decisions and then live with them,” said Gotschall, who noted that almost all of the current owners in the area bought their homes after the airport was constructed.
Subdivisions such as Sierra Meadows and a small portion of Tahoe Donner will be affected by the legislation.
Tahoe Donner Association General Manager Darren Shaw said that the association is forming a committee to monitor the progress of the Foothill Land Use Commission, which is designing an updated Airport Land Use Compatibility Plan that will determine new airport influence zone boundaries. However, he doubts that the legislation will have more than a negligible effect on real estate prices.
Falk said that the new legislation will protect both the buyer and the real estate agent from litigation over airport noise or safety, a factor the buyer may not have been aware of at the time of purchase.
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