Standard Flood Hazard Determination Form definition

Standard Flood Hazard Determination Form. Form 81-93 or any successor or replacement thereof developed by FEMA pursuant to Section 528 of the National Flood Insurance Reform Act of 1994 (42 U.S.C. 1365(a)), for determining whether a building or structure is located in an area identified as an area having special flood hazard, whether flood insurance is required and whether flood insurance is available under 42 U.S.C. 4001, et seq.
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Standard Flood Hazard Determination Form means Form 81-93 or any successor or replacement thereof developed by FEMA pursuant to Section 528 of the National Flood Insurance Reform Act of 1994 (42 U.S.C. 1365(a)), for determining whether a building or structure is located in an area identified as an area having special flood hazards, whether flood insurance is required and whether flood insurance is available under 42 U.S.C. 4001, et seq.
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Examples of Standard Flood Hazard Determination Form in a sentence

  • Before the Origination closing of the Mortgage Loan, Seller determined whether the Mortgaged Property is or will be located in a Special Flood Hazard Area using the Standard Flood Hazard Determination Form developed by the U.S. Department of Homeland Security Federal Emergency Management Agency and has properly recorded the basis for such determination on such form.

  • Further, in the event such Standard Flood Hazard Determination Form evidences that the subject structure or improvement is located in a special flood hazard, as defined by FEMA, Borrowers shall deliver to Agent and Lenders evidence of appropriate flood insurance in amounts and under such conditions as identified in Section 6.2(b) hereof.

  • In connection with each Flood Service provided by FAFDS to a Customer, FAFDS shall issue its written manifestation of the determination (a “Determination”) that will be provided on the Standard Flood Hazard Determination Form promulgated by the Federal Emergency Management Agency (“FEMA”).

  • If requested by Agent, Agent shall have received at Borrowers' expense, a Standard Flood Hazard Determination Form issued or certified by a Person satisfactory to Agent for each structure or improvement that either (i) is located on Real Estate covered by a Mortgage or (ii) stores or houses any Inventory or Equipment or any substantial part of the Collateral.

  • Agent shall have received, at Borrowers' expense, a Standard Flood Hazard Determination Form issued or certified by a Person satisfactory - 34 - 43 to Agent for each structure or improvement that is located on Real Estate owned by a Borrower.

  • Before the Origination closing of the Mortgage Loan, Seller or the originating Approved Correspondent (if any) determined whether the Mortgaged Property is located in a Special Flood Hazard Area using the Standard Flood Hazard Determination Form developed by the U.S. Department of Homeland Security Federal Emergency Management Agency.

  • Before funding of the Mortgage Loan, Seller has made a determination regarding whether the Mortgaged Property is or will be located in a Special Flood Hazard Area using the Standard Flood Hazard Determination Form developed by the U.S. Department of Homeland Security Federal Emergency Management Agency and has properly recorded the basis for such determination on such form.

  • Borrower shall deliver to Agent a Federal Emergency Management Agency ("FEMA") Form 81-93, the Standard Flood Hazard Determination Form, certifying that the Real Estate is not located in a flood plain zone.

  • For each property referred to LSI by Client, LSI shall: (a) make a determination, given the best information available, as to whether the improvements on the Subject Property (as defined in Section 4 below) are located in a Special Flood Hazard Area (“SFHA”) as set forth on the applicable Federal Emergency Management Agency (“FEMA”) flood map effective at the time of the determination; and (b) deliver a report (“Certification”) to Client of such determination on a Standard Flood Hazard Determination Form.

  • For each property referred to LSI by Client, LSI shall: (a) make a determination, given the best information available, as to whether the improvements on the Subject Property (as defined below) are located in a Special Flood Hazard Area (“SFHA”) as set forth on the applicable Federal Emergency Management Agency (“FEMA”) flood map effective at the time of the determination; and (b) deliver a report (“Certification”) to Client of such determination on a Standard Flood Hazard Determination Form.

Related to Standard Flood Hazard Determination Form

  • Flood hazard area means any area subject to inundation by the base flood or risk from channel migration including, but not limited to, an aquatic area, wetland, or closed depression.

  • Special Flood Hazard Area means an area that FEMA’s current flood maps indicate has at least a one percent (1%) chance of a flood equal to or exceeding the base flood elevation (a 100-year flood) in any given year.

  • Flood Hazard Property means any Mortgaged Property that is in an area designated by the Federal Emergency Management Agency as having special flood or mudslide hazards.

  • Standard Hazard Insurance Policy means a fire and casualty extended coverage insurance policy in such amount and with such coverage as required by this Agreement.

  • Flood Zone means areas having special flood hazards as described in the National Flood Insurance Act of 1968, as amended from time to time, and any successor statute.

  • Nuclear Hazard means any nuclear reaction, radiation, or radioactive contamination, all whether controlled or uncontrolled or however caused, or any consequence of any of these.

  • Flood Program means the National Flood Insurance Program created by the U.S. Congress pursuant to the National Flood Insurance Act of 1968, the Flood Disaster Protection Act of 1973, the National Flood Insurance Reform Act of 1994 and the Flood Insurance Reform Act of 2004, in each case as amended from time to time, and any successor statutes.