Environmental
A Wyoming property located in a FEMA-designated Special Flood Hazard Area (SFHA) requires the buyer to:
APay a federal surcharge at closing
BPurchase flood insurance if obtaining a federally-backed mortgage✓ Correct
CObtain a special zoning variance
DDisclose the flood zone to all neighbors
Explanation
Properties in FEMA Special Flood Hazard Areas (100-year floodplain) require flood insurance if the buyer uses a federally-backed mortgage. Wyoming has designated flood zones particularly along rivers and streams.
Related Wyoming Environmental Questions
- Radon gas is a concern in Wyoming because:
- Wyoming's major environmental concern for real estate is:
- Under CERCLA (Superfund), an innocent landowner defense in Wyoming requires the buyer to have conducted:
- A Wyoming developer planning a commercial project near wetlands should first determine:
- Wyoming's 'Stream Alteration Permit' is required for activities that:
- Wyoming wind energy rights can be:
- A Wyoming property in a FEMA Special Flood Hazard Area (100-year floodplain) is:
- Wyoming's large agricultural sector raises which environmental concern for real estate buyers of former farm properties?
Practice More Wyoming Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Wyoming Quiz →