FEMA Flood Map Revision Contingency Clause
Protect yourself when FEMA changes the flood map after you sign a contract. Free contingency clause template for pending or proposed FEMA flood map revisions.
FEMA FLOOD MAP REVISION CONTINGENCY CLAUSE
PURPOSE
This template is specifically designed for the scenario where a property is subject to a pending or proposed FEMA flood map revision that would reclassify it into a higher-risk zone, potentially triggering new mandatory flood insurance requirements or dramatically increasing premiums.
Key protections
- This template is specifically designed for the scenario where a property is subject to a pending or proposed FEMA flood map revision that would reclassify it into a higher-risk zone, potentially triggering new mandatory flood insurance requirements or dramatically increasing premiums
What's inside
- 1Purpose and Application
- 2Specific Contingency Provisions
- 3Remedies and Protections
- 4Limitations and Disclaimers
- 5Execution
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Frequently asked questions
Educational template only
This template is provided for educational and drafting purposes. It is not legal advice. Always have a licensed real estate attorney in your jurisdiction review and customize any contract language before using it in a transaction.
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