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Rem/2itim,00O. M.B. No 30670077ELEVATION CERTIFICATEExpires May 31, 1993FEDERAL EMERGENCY MANAGEMENT AGENCY NATIONAL FLOOD INSURANCE PROGRAMATTENTION: Use of this certificate does not provide a waiver
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Obtain a copy of Chapter 2305 National Flood from the appropriate source or website.
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Property owners located in flood-prone areas
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Government agencies responsible for flood management and prevention
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Real estate agents and developers dealing with properties that are at risk of flooding
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Chapter 2305 national flood refers to a section of the federal law that requires certain individuals or entities to report information related to flood insurance.
Lenders or financial institutions are typically required to file chapter 2305 national flood when they originate, purchase, or refinance a mortgage on a property located in a designated flood zone.
To fill out chapter 2305 national flood, the lender or financial institution must gather information about the property's flood zone status, purchase flood insurance if necessary, and report this information to the appropriate regulatory agency.
The purpose of chapter 2305 national flood is to ensure that properties located in flood-prone areas are adequately covered by flood insurance to protect both the lender's investment and the property owner.
The information reported on chapter 2305 national flood typically includes the property's flood zone designation, flood insurance coverage details, and any exceptions or waivers granted.
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