Humber/Ontario Real Estate Course 3 Exam Practice

What should a homebuyer investigate if concern arises about the flood zone designation of a property?

1. A:Get an appraisal

2. B:Consult with a zoning officer

3. C:Review FEMA maps

4. D:Order a boundary survey

5. E:Speak with neighbors

6. F:Check with local fire department

The correct answer is: C:Review FEMA maps

Reviewing FEMA maps is crucial when a homebuyer is concerned about the flood zone designation of a property. FEMA (Federal Emergency Management Agency) maps provide detailed information about flood zones and the risk levels associated with different areas. By examining these maps, a buyer can see if the property is located in a designated flood zone and understand any potential flood risks. These maps typically outline various flood hazard areas, including high-risk zones where flooding is most likely to occur. This information is vital for a buyer to assess potential insurance requirements, construction guidelines, and overall property value considerations related to flood risk. Being informed about the flood zone designation can lead to more informed decisions regarding the purchase and potential long-term implications for the property. Other options involve valuable information or services but do not directly address flood zone concerns. Getting an appraisal does not provide insights into flood risks, while consulting with a zoning officer focuses more on land use regulations than flood designations. Ordering a boundary survey is related to property lines rather than flood mapping, speaking with neighbors may yield anecdotal information but lacks official data, and checking with the local fire department does not typically relate to flood zone designations. Each of these options provides useful insights in other contexts but does not specifically address the need to understand