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Is a Standard Flood Hazard Determination Form required for a condominium unit, a cooperative unit, or a commercial building?

April 26, 2017Commercial condominium cooperative determination flood form hazard standard

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Is a Standard Flood Hazard Determination Form required for a condominium unit, a cooperative unit, or a commercial building?

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Yes, the mandatory purchase requirements, including the requirement for a flood zone determination, apply equally to condominium and commercial properties as they do to residential properties.