Good question. I have the same question and just started working on the answer. I think the person selling the property is a licensed real estate salesman and has to answer your questions but does not have to disclose anything else for a building lot. I asked the sinkhole question of a few salesmen, knowing about specific sinkholes, and do not think they really answered my question but assuming they probably meet the legal requirements. One option would be to check with the County building inspector. On a more practical matter I would ask for a new lot and avoid anything near a water features.
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