Flood Insurance terms starting with C

3 terms

1. Community A political entity that has the authority to adopt and enforce floodplain ordinances for the area under its jurisdiction.
2. Community Rating System (CRS) A program developed by the FEMA Mitigation Division to provide incentives for those communities in the National Flood Insurance Program that have gone…
3. Condominium That form of ownership of real property in which each unit owner has an undivided interest in common elements.