Environmental
In Georgia, properties located in designated 100-year flood zones (Zone A or AE) typically require:
AA. No special considerations for financing
BB. Flood insurance if financed by a federally backed lender✓ Correct
CC. State approval before any development
DD. Elevation certificates only for commercial properties
Explanation
Properties in FEMA-designated Special Flood Hazard Areas (100-year flood zones) financed through federally backed lenders require flood insurance. Lenders must ensure flood insurance is purchased and maintained.
Related Georgia Environmental Questions
- Asbestos is most dangerous when it is:
- A seller's property sits adjacent to a former gas station site. The most important first step for the buyer to take is:
- The Voluntary Remediation Program (VRP) in Georgia allows property owners to:
- Asbestos-containing materials (ACMs) in a building are considered most hazardous when they are:
- The Safe Drinking Water Act regulates:
- Lead service lines in older Georgia homes are a concern because they:
- When a Georgia broker is aware that a property for sale may have an environmental issue, the broker should:
- A 'wetlands delineation' is performed to:
Practice More Georgia Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Georgia Quiz →