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The Natural Hazards Disclosure Act, under Sec. 1103 of the California Civil Code, [1] states that real estate seller and brokers are legally required to disclose if the property being sold lies within one or more state or locally mapped hazard areas. The law specifies that the six (6) required hazards be disclosed on a statutory form called the ...
In England and Wales, the Environment Agency requires a professional Flood Risk Assessment (FRA) to be submitted alongside planning applications in areas that are known to be at risk of flooding (within flood zones 2 or 3) and/ or are greater than 1ha in area, planning permission is not usually granted until the FRA has been accepted by the Environment Agency.
Flood statement FLS – A hydrological weather statement issued to provide updated information on ongoing flooding along major streams in which there is not a serious threat to life and/or property active or flood warnings to the public and emergency managers; information will be provided on observed (or if a dam is at risk of breaking, updates ...
A Flash Flood Warning is issued when a flash flood is imminent or occurring. If you are in a flood prone area move immediately to high ground. A flash flood is a sudden violent flood that can take ...
In the United States, an environmental site assessment is a report prepared for a real estate holding that identifies potential or existing environmental contamination liabilities. The analysis, often called an ESA , typically addresses both the underlying land as well as physical improvements to the property.
The commercial real estate industry faces an intensifying threat from flooding, which is likely to lead to billions of dollars in increasing costs, a new study
If investor-owned properties increasingly dominate flood-prone areas, the region may see a shift in property values and community dynamics as fewer long-term residents choose to live in high-risk ...
The term 100-year flood indicates that the area has a one-percent chance of flooding in any given year, not that a flood will occur every 100 years. [ 2 ] Such maps are used in town planning , in the insurance industry, and by individuals who want to avoid moving into a home at risk of flooding or to know how to protect their property.