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Main goal of profitable appraiser is to do the minimum needed to complete the appraisal report and put comments and actions at same time to protect themselves.
You do not have to be "sitting on the fault" to get a lot of damage from a quake. And the quakes in soft sediments act differently than those in harder formations of stone. A 5.8 in California coastal region might not be felt 30 miles away. A 5.8 quake in Virginia can crack the Washington Monument... and did. 2011. Landslides attributed to this event occurred over 100 miles away.
So much implications. Another reason not to mention it.
That's OK. Get sued for not mentioning the obvious.
Get sued because we're in earthquake country?That's OK. Get sued for not mentioning the obvious.
what does LIA say?
Appraising After an Earthquake - LIA Administrators and Insurance Services
Appraising after an earthquake.www.liability.com
Get sued because you should have warned the buyers that the area is earthquake prone. Same with landslides, flood zones, etc. Caveat it away or refer them to the maps and yes, CA has earthquake risk maps. No different than not disclosing you have termites in the crawl space.
Main goal of the best appraisers (who are also profitablt) is to do the best work they can... on every assignment. If you want to be a skippy, you can be. I won't.
Tell that to Bert. He does more than necessary.
Maybe he does. I've never read one of his appraisal reports. The point is.. if you want to be respected and thought of as professional... in any field.... you don't just do the least that you can do. If you want to be that skippy guy.. you can be.