Environmental
A Virginia property in a Special Flood Hazard Area (SFHA) requires flood insurance if:
AThe buyer requests it
BThe buyer has a federally backed mortgage (FHA, VA, conventional through Fannie/Freddie)✓ Correct
CThe property is commercial
DThe flood zone designation is Zone X
Explanation
Federal law (National Flood Insurance Reform Act) requires flood insurance for properties in SFHAs (Zone A or V) if the mortgage is federally backed. Zone X properties are outside the SFHA and don't have this requirement.
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