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  2. Buying a house in a flood zone? Know the risks first - AOL

    www.aol.com/finance/buying-house-flood-zone-know...

    There are several different types of flood zones, with the most common being zones A and V. Zone A is defined as being in a low-lying area and close to a body of water, like a lake.

  3. Flood insurance rate map - Wikipedia

    en.wikipedia.org/wiki/Flood_Insurance_Rate_Map

    These FIRMs are used in identifying whether a land or building is in flood zone and, if so, which of the different flood zones are in effect. In 2004, FEMA began a project to update and digitize the flood plain maps at a yearly cost of $200 million. The new maps usually take around 18 months to go from a preliminary release to the final product.

  4. Standardized Natural Hazards Disclosure Statement - Wikipedia

    en.wikipedia.org/wiki/Standardized_Natural...

    The Natural Hazards Disclosure Act, under Sec. 1103 of the California Civil Code, [1] states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the ...

  5. Flood insurance - Wikipedia

    en.wikipedia.org/wiki/Flood_insurance

    Flooding resulting from Hurricane Katrina. Nationwide, only 20 percent of American homes at risk for floods are covered by flood insurance. [2] Most private insurers do not insure against the peril of flood due to the prevalence of adverse selection, which is the purchase of insurance by persons most affected by the specific peril of flood.

  6. Want to build a home in a flood-prone zone? NJ soon ... - AOL

    www.aol.com/want-build-home-flood-prone...

    The REAL proposal "doesn't tell people all the things they can't do, in all the places they can't build. This is America and private property rights are a thing," LaTourette said.

  7. Fluvial terrace - Wikipedia

    en.wikipedia.org/wiki/Fluvial_terrace

    For example, downcutting by a river can lead to increased velocity of a tributary, causing that tributary to erode toward its headwaters. Terraces can also be left behind when the volume of the fluvial flow declines due to changes in climate , typical of areas which were covered by ice during periods of glaciation , and their adjacent drainage ...

  8. Probable maximum loss - Wikipedia

    en.wikipedia.org/wiki/Probable_maximum_loss

    Although the definition is not consistent across the insurance industry. [1] It is generally defined as the value of the largest loss that could result from a disaster, assuming the normal functioning of passive protective features (e.g. firewalls , nonflammable materials, flood defences etc.) and proper functioning of most (perhaps not all ...

  9. Spot zoning - Wikipedia

    en.wikipedia.org/wiki/Spot_zoning

    Generally, zoning is a constitutional exercise of a state's police power [4] to protect public health, safety, and welfare. Therefore, spot zoning (or any zoning enactment) would be unconstitutional to the extent that it contradicts or fails to advance a legitimate public purpose, such as promotion of community welfare or protection of other properties.