Environmental

Maryland properties in FEMA 100-year flood zones (Zone AE) require flood insurance as a condition of:

AAny Maryland property sale
BFederally backed mortgages, including FHA, VA, and conventional loans sold to Fannie Mae or Freddie Mac✓ Correct
CAll Maryland state-chartered bank loans
DOnly commercial property loans

Explanation

Properties in FEMA Special Flood Hazard Areas (SFHAs) with federally backed or federally regulated mortgage loans are required to carry flood insurance.

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