LandAmerica

Land located within a Special Flood Hazard Area ("SFHA") is subject to a 1% or greater chance of flooding in any given year. This type of flood is defined by the Federal Emergency Management Agency (FEMA) as the base flood, and is commonly referred to as the "100-year flood." Please note that the "100-year" flood designation does not mean that a flood occurs once every 100 years.

Flood hazard areas are determined by the use of statistical analyses of river flow, storm tides, and rainfall; information obtained through consultation with the community; floodplain topographic surveys; hydrolic analysis; and hydraulic analysis (FEMA, 1995).

In communities that participate in the National Flood Insurance Program ("NFIP") pursuant to 42 United States Code Section 4104a, et seq. (Participating Community"), federally insured or regulated lenders may require flood insurance for mortgages and other loans secured by structures located in a Special Flood Hazard Area.

Special note: If a subject property is identified by a report as being partially located within a Special Flood Hazard Area, the buyer's lender may request a survey or site plan showing the location of the structure within the boundaries of the lot to determine if flood insurance is required.