Property With A Fault Line In It

[Christopher Duron]

I feel that this is a series of stupid questions, but I’d like to get multiple opinions if possible   

I am in the process of buying a piece of land located in Southern California. It is in an area where land is high valued and scarce. The problem is that it is on a steep grade and comes with a fault line. The geo report classifies it as “potentially active” and minor. The recommended set back for building is 15’. It does decrease the usability of the land but it may still be developable property. I would not finalize/close the purchase contract until all permits have been approved by the city.

I’m interested in any and all thoughts that come to mind. Some areas of interest are: is the property going to be harder to sell, what kinds of issues should I anticipate, has anyone ever dealt with this before, etc etc. Anything that comes to mind would help me tremendously.

Thanks. I look forward to hearing from the community.