Environmental
A Virginia property owner in a FEMA Special Flood Hazard Area (SFHA) with a federally backed mortgage is typically required to:
APurchase earthquake insurance
BPurchase flood insurance through the National Flood Insurance Program (NFIP)✓ Correct
CElevate the property above the 100-year flood level within 5 years
DObtain a Virginia DEQ flood clearance
Explanation
Owners of properties in a FEMA-designated SFHA (100-year flood zone) with federally backed mortgages are required by federal law to purchase flood insurance through the NFIP.
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