Flood Plain Certification Clause Samples
A Flood Plain Certification clause requires confirmation that a property is not located within a designated flood plain or, if it is, that the necessary disclosures and compliance measures have been met. In practice, this clause often obligates the seller to provide documentation or certification from relevant authorities, or for the buyer to obtain a flood zone determination as part of due diligence. Its core function is to ensure that all parties are aware of potential flood risks and regulatory requirements, thereby preventing future disputes and unexpected costs related to flood insurance or property use restrictions.
Flood Plain Certification. To the extent not provided on the Survey, Lender shall have received evidence that the Property is not located within any flood plain or, if the Property is located within a flood plain, Borrower has obtained and is maintaining in full force and effect a policy or policies of flood insurance pursuant to Section 8 hereof. Any such certifications shall also be certified to Lender and its successors and assigns.
Flood Plain Certification. Such evidence as the Administrative Agent may reasonably require that no Property is located within any flood plain or, if a Property is located within a flood plain, the relevant Borrower has obtained, and is maintaining in full force and effect, a customary policy or policies of flood insurance pursuant to the Insurance Requirements.
Flood Plain Certification. Contain a certification as to whether the property is located in a flood plain;
Flood Plain Certification. 40 11.1.8 Water Rights; Spreading Easements .......40 11.1.9 Approvals ..............................40 11.1.10