BMP workshops being held for Lake Tahoe area Realtors

In July of 2014, dozens of Lake Tahoe real estate professionals filled the TRPA board room when a proposal was discussed that would make BMPs mandatory at the Point of Sale for homes.

At that time, the room full of agents, brokers and mortgage companies, all voiced their opinion against the proposal.

"This would have a catastrophic impact on the real estate community in Lake Tahoe," according to local mortgage broker Ron Yokotake during that July meeting. "Putting a cloud on title with an incomplete loan package would devastate the Lake Tahoe community by severely impacting the ability to loan."

TRPA is again reaching out to the group concerning BMPs. They will host several upcoming workshops for the real estate community to learn more about Best Management Practices (BMPs) and an enhanced BMP disclosure form for real estate transactions.

TRPA requires people selling property to disclose the property’s BMP status to the purchaser prior to sale. The purchaser must submit a BMP disclosure form to TRPA within 30 days of sale. The new BMP disclosure form is more user-friendly and can now be accessed, filled out, and submitted to TRPA electronically. It is available at www.tahoebmp.org.

These upcoming workshops offer an opportunity to learn more about this new BMP disclosure form as well as other point of sale disclosure requirements and TRPA systems available for people to research property information online. The workshops are anticipated to last 60 to 90 minutes with a presentation by Stormwater Program Manager Shay Navarro and time for questions and answers. They are scheduled for:

· Tuesday, March 31, 10 a.m., Tahoe/Sierra Board of Realtors, 12315 Deerfield Drive, Truckee, California
· Tuesday, April 28, 8 a.m., Nevada Board of Realtors, Parasol Building, 948 Incline Way, Incline Village, Nevada
· Wednesday, May 6, noon, TRPA Offices, 128 Market Street, Stateline, Nevada.

For more information about BMP requirements, the importance of BMPs in protecting Lake Tahoe, and guidance on installation and maintenance, visit the www.tahoebmp.org.