Environmental
A NC property located within a designated 'Special Flood Hazard Area' (SFHA) requires the buyer to:
ADemolish existing structures before purchasing
BPurchase flood insurance if obtaining a federally backed mortgage✓ Correct
CElevate all furnishings above the base flood elevation
DConnect to municipal water and sewer
Explanation
Properties in SFHAs with federally backed mortgages are required by the National Flood Insurance Program to purchase flood insurance as a condition of the loan.
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