Environmental
A Michigan seller learns their property is in a FEMA-designated Special Flood Hazard Area (Zone AE). They must:
ADemolish the structure before selling
BDisclose this on the Seller's Disclosure Statement✓ Correct
COnly disclose if they have flood insurance
DNotify FEMA before selling
Explanation
Being in a FEMA flood zone (SFHA) is a material fact that sellers must disclose in Michigan. Buyers in flood zones may be required to purchase flood insurance if using federally backed financing.
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