Land Use & Zoning

Flood zone designation on a South Dakota property affects:

AOnly the property's aesthetic value
BWhether flood insurance is required for federally backed mortgages✓ Correct
CState property tax rates exclusively
DZoning classifications in all cases

Explanation

Properties in designated FEMA flood zones (especially Special Flood Hazard Areas) are required to have flood insurance if they have a federally backed mortgage (FHA, VA, conventional conforming).

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