Certified Floodplain Manager (CFM) Practice Exam

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Unlock your potential as a Certified Floodplain Manager (CFM) with our expertly crafted practice test. Designed to simulate the real exam, our quiz offers a comprehensive review of floodplain management principles, preparing you for success.

Each practice test/flash card set has 50 randomly selected questions from a bank of over 500. You'll get a new set of questions each time!

Practice this question and more.

What constitutes a substantial improvement?

Any addition to the building's original structure
Repainting the exterior of the building
Reconstruction or other improvements costing over 50% of the building's pre-improvement market value
Installing new windows that are more energy-efficient

The correct answer is: Reconstruction or other improvements costing over 50% of the building's pre-improvement market value

A substantial improvement refers to any reconstruction or other improvements that cost over 50% of the building's pre-improvement market value. This includes major updates or renovations that significantly increase the value of the building. Option A is incorrect because any addition, regardless of cost, does not necessarily constitute a substantial improvement. Option B is incorrect because repainting the exterior does not significantly add value to the building. Option D is incorrect because while installing new windows may improve the energy efficiency, it does not necessarily increase the overall value of the building by more than 50%.