Deed Notice (Flood Hazard Area Verification) - New Jersey

Deed Notice (Flood Hazard Area Verification) is a legal document that was released by the New Jersey Department of Environmental Protection - a government authority operating within New Jersey.

FAQ

Q: What is a Deed Notice?
A: A Deed Notice is a legal document that provides information about a property's flood hazard area.

Q: Why is a Deed Notice required?
A: A Deed Notice is required to inform potential buyers or owners about the property's location in a flood hazard area.

Q: What is a Flood Hazard Area?
A: A Flood Hazard Area is an area that is at risk of being affected by floods.

Q: What information does a Deed Notice contain?
A: A Deed Notice contains information about the flood hazard area designation, flood zone, and any applicable flood insurance requirements.

Q: Who is responsible for filing a Deed Notice?
A: The property owner is responsible for filing a Deed Notice with the county or municipality.

Q: How long is a Deed Notice valid?
A: A Deed Notice remains valid until the property is no longer in a designated flood hazard area.

Q: What are the consequences of not filing a Deed Notice?
A: Failure to file a Deed Notice may result in legal and financial liabilities for the property owner if the property is later damaged by floods and the buyer was not aware of the flood risk.

Q: Can a property be bought or sold if it is in a flood hazard area?
A: Yes, properties located in flood hazard areas can still be bought or sold, but potential buyers must be made aware of the flood risk through the Deed Notice.

Q: Is flood insurance required for properties in flood hazard areas?
A: Flood insurance is typically required for properties located in designated flood hazard areas.