A NC coastal property in the Outer Banks that is identified as being in a 'V-Zone' on a FEMA flood map indicates:
Why A high-risk coastal flood zone with velocity wave action, requiring the highest level of flood insurance and elevated construction Is Correct
Answer B: A high-risk coastal flood zone with velocity wave action, requiring the highest level of flood insurance and elevated construction
Exam Tip: Environmental
Environmental questions test knowledge of hazards like asbestos, lead-based paint, radon, and mold. Know the disclosure requirements and when a professional inspection is required. CERCLA liability is strict, joint, and several.
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- In NC, the Outer Banks communities are subject to unique coastal building regulations primarily due to:Land Use & Zoning
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- The NC Flood Damage Prevention Ordinances (adopted in NFIP-participating communities) require that new construction in a Special Flood Hazard Area be built:Environmental
- A NC coastal property in an SFHA (Special Flood Hazard Area) that was substantially damaged (damage exceeding 50% of market value) must be rebuilt:Environmental
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Key Terms to Know
The highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
ZoningLocal government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
VarianceOfficial permission to use land in a way that does not conform to the applicable zoning ordinance, granted by a zoning board when strict enforcement would cause undue hardship.
Eminent DomainThe power of government to take private property for public use, with the requirement to pay the owner just compensation.
State-Specific Concepts
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