Environmental

What is a 'floodplain' and how does it affect property in Delaware?

ALow-lying land near rivers that only floods during extreme weather every 100 years with no impact on building rights
BLand adjacent to a water body that is subject to periodic flooding; properties in the 100-year floodplain are required to carry flood insurance if they have federally backed mortgages✓ Correct
CAny property within 500 feet of a Delaware river or stream
DA wetland area that is permanently inundated by water

Explanation

A floodplain is land susceptible to flooding. FEMA's 100-year floodplain (Special Flood Hazard Area, SFHA) has a 1% annual flood chance. Delaware properties in the SFHA with federally backed mortgages must carry flood insurance. Delaware's coastal and low-lying areas include significant flood risk zones, particularly in Sussex County.

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