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	<title>Comments on: Oh Look! Yet another update to the Virginia Residential Property Disclosure Form (he said snarkily)</title>
	<atom:link href="http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/feed/" rel="self" type="application/rss+xml" />
	<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/</link>
	<description>Fredericksburg Area Association of REALTORS®</description>
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		<title>By: Why FAARForum? &#124; Fredericksburg REALTORS®</title>
		<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/comment-page-1/#comment-224</link>
		<dc:creator>Why FAARForum? &#124; Fredericksburg REALTORS®</dc:creator>
		<pubDate>Wed, 08 Jul 2009 10:31:35 +0000</pubDate>
		<guid isPermaLink="false">http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/#comment-224</guid>
		<description>[...] The New Virginia Real Estate Disclosure Form There is a change to reflect the Stormwater Retention Issue. The Disclosure Statement does replace all&#160; other copies as of July 1, 2009 [...]</description>
		<content:encoded><![CDATA[<p>[...] The New Virginia Real Estate Disclosure Form There is a change to reflect the Stormwater Retention Issue. The Disclosure Statement does replace all&#160; other copies as of July 1, 2009 [...]</p>
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		<title>By: Dan Lesher</title>
		<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/comment-page-1/#comment-202</link>
		<dc:creator>Dan Lesher</dc:creator>
		<pubDate>Fri, 12 Jun 2009 22:23:21 +0000</pubDate>
		<guid isPermaLink="false">http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/#comment-202</guid>
		<description>Thanks for the update! We have been using the new form for just over a week in our office but was not aware we needed the new form for currently pending contracts that close after July 1. Facebook update was great!</description>
		<content:encoded><![CDATA[<p>Thanks for the update! We have been using the new form for just over a week in our office but was not aware we needed the new form for currently pending contracts that close after July 1. Facebook update was great!</p>
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		<title>By: Sandra Lovell</title>
		<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/comment-page-1/#comment-201</link>
		<dc:creator>Sandra Lovell</dc:creator>
		<pubDate>Fri, 12 Jun 2009 13:00:14 +0000</pubDate>
		<guid isPermaLink="false">http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/#comment-201</guid>
		<description>Maybe they meant to say detention...here is what Wikipedia says...

A detention basin is an stormwater management facility installed on, or adjacent to, tributaries of rivers, streams, lakes or bays that is designed to protect against flooding and, in some cases, downstream erosion by storing water for a limited period of a time. These basins are also called &quot;dry ponds&quot;, &quot;holding ponds&quot; or &quot;dry detention basins&quot; if no permanent pool of water exists. Some detention ponds are also &quot;wet ponds&quot; in that they are designed to permanently retain some volume of water at all times. In its basic form a detention basin is used to manage water quantity while having a limited effectiveness in protecting water quality, unless it includes a permanent pool feature.[1]

A retention basin, is a type of best management practice (BMP) that is used to manage stormwater runoff to prevent flooding and downstream erosion, and improve water quality in an adjacent river, stream, lake or bay. Sometimes called a wet pond or wet detention basin, it is essentially an artificial lake with vegetation around the perimeter, and includes a permanent pool of water in its design.[1] [2]

It is distinguished from a detention basin, sometimes called a dry pond, which temporarily stores water after a storm, but eventually empties out at a controlled rate to a downstream water body. It also differs from an infiltration basin which is designed to direct stormwater to groundwater through permeable soils.

Wet ponds are frequently used for water quality improvement, groundwater recharge, flood protection, aesthetic improvement or any combination of these. Sometimes they act as a replacement for the natural absorption of a forest or other natural process that was lost when an area is developed. As such, these structures are designed to blend into neighborhoods and viewed as an amenity.[3]</description>
		<content:encoded><![CDATA[<p>Maybe they meant to say detention&#8230;here is what Wikipedia says&#8230;</p>
<p>A detention basin is an stormwater management facility installed on, or adjacent to, tributaries of rivers, streams, lakes or bays that is designed to protect against flooding and, in some cases, downstream erosion by storing water for a limited period of a time. These basins are also called &#8220;dry ponds&#8221;, &#8220;holding ponds&#8221; or &#8220;dry detention basins&#8221; if no permanent pool of water exists. Some detention ponds are also &#8220;wet ponds&#8221; in that they are designed to permanently retain some volume of water at all times. In its basic form a detention basin is used to manage water quantity while having a limited effectiveness in protecting water quality, unless it includes a permanent pool feature.[1]</p>
<p>A retention basin, is a type of best management practice (BMP) that is used to manage stormwater runoff to prevent flooding and downstream erosion, and improve water quality in an adjacent river, stream, lake or bay. Sometimes called a wet pond or wet detention basin, it is essentially an artificial lake with vegetation around the perimeter, and includes a permanent pool of water in its design.[1] [2]</p>
<p>It is distinguished from a detention basin, sometimes called a dry pond, which temporarily stores water after a storm, but eventually empties out at a controlled rate to a downstream water body. It also differs from an infiltration basin which is designed to direct stormwater to groundwater through permeable soils.</p>
<p>Wet ponds are frequently used for water quality improvement, groundwater recharge, flood protection, aesthetic improvement or any combination of these. Sometimes they act as a replacement for the natural absorption of a forest or other natural process that was lost when an area is developed. As such, these structures are designed to blend into neighborhoods and viewed as an amenity.[3]</p>
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		<title>By: Latana</title>
		<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/comment-page-1/#comment-198</link>
		<dc:creator>Latana</dc:creator>
		<pubDate>Wed, 10 Jun 2009 23:51:34 +0000</pubDate>
		<guid isPermaLink="false">http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/#comment-198</guid>
		<description>Thanks for the fast heads up on this on Facebook.  I have sent this out to all my agents this am.  As contracts are coming in, it is great to have up todate forms, before not after the change.</description>
		<content:encoded><![CDATA[<p>Thanks for the fast heads up on this on Facebook.  I have sent this out to all my agents this am.  As contracts are coming in, it is great to have up todate forms, before not after the change.</p>
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		<title>By: MelanieThompson</title>
		<link>http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/comment-page-1/#comment-197</link>
		<dc:creator>MelanieThompson</dc:creator>
		<pubDate>Wed, 10 Jun 2009 13:48:20 +0000</pubDate>
		<guid isPermaLink="false">http://faarforum.com/2009/06/oh-look-yet-another-update-to-the-virginia-residential-property-disclosure-form-he-said-snarkily/#comment-197</guid>
		<description>Hey SNARKY- FYI...one of my agents brought to my attention the fact that on page 2 paragraph 2 line 2 the new disclosure uses the word DETENTION (rather than Retention ) ...this is a supposed mistake but after posing the info to Blake Hegemen of VAR his reponse is that the statute uses that word so the law and the form includes the same wording....little factoids</description>
		<content:encoded><![CDATA[<p>Hey SNARKY- FYI&#8230;one of my agents brought to my attention the fact that on page 2 paragraph 2 line 2 the new disclosure uses the word DETENTION (rather than Retention ) &#8230;this is a supposed mistake but after posing the info to Blake Hegemen of VAR his reponse is that the statute uses that word so the law and the form includes the same wording&#8230;.little factoids</p>
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