Environmental
A Rhode Island property is located in a designated 100-year flood plain. What does this mean for the property?
AThe property floods every 100 years exactly
BThe property has a 1% annual chance of flooding; flood insurance is typically required, and development is regulated✓ Correct
CThe property is immune from flooding for 100 years
DThe property will be purchased by FEMA within 100 years
Explanation
A 100-year flood plain (Special Flood Hazard Area) has a 1% annual chance of flooding. Properties in these areas must obtain flood insurance if purchased with a federally backed loan, and local floodplain management regulations apply.
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