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#2076638 - 05/02/16 07:25 PM Flood Determinations on Adjacent Properties
ahou Offline
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ahou
Joined: Aug 2002
Posts: 3,094
If a loan is secured by buildings located on adjacent properties (not on same parcel), are separate determinations required?

The old Mandatory Purchase Guide use to say:

A separate SFHDF is required on loans on adjacent properties. However, if a single property contains multiple buildings, a listing of buildings on the parcel can be attached to the SFHDF.

I can't find any recent information on this.
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Flood Compliance
#2076663 - 05/02/16 10:49 PM Re: Flood Determinations on Adjacent Properties ahou
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 79,926
Galveston, TX
Try the instructions to the SFHDF.

http://www.fema.gov/media-library-data/20130726-1438-20490-8829/086_0_32.pdf

As long as you have and provide a complete legal description of the properties, I see nothing that says you have to separate them.
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#2076673 - 05/02/16 11:26 PM Re: Flood Determinations on Adjacent Properties ahou
ahou Offline
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ahou
Joined: Aug 2002
Posts: 3,094
Thanks.
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