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!

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What defines substantial damage according to FEMA 480?

Damage by natural disasters only
Damage requiring cosmetic repairs
Damage where repair costs exceed 75% of the market value
Damage where repair costs equal or exceed 50% of the market value before damage

The correct answer is: Damage where repair costs equal or exceed 50% of the market value before damage

Substantial damage, as defined by FEMA 480, is when the cost of repairs equal or exceed 50% of the market value of the property before the damage occurred. This means that the cost to repair the damage is more than half of the overall value of the property. This option is the most accurate definition and the other options do not correctly define substantial damage according to FEMA 480. Option A is incorrect because substantial damage can occur from both natural and man-made disasters. Option B is incorrect because substantial damage is not limited to just cosmetic repairs, it can include structural damage as well. Option C is incorrect because the cost of repairs only needs to exceed 50% of the market value, not 75%. Therefore, option D is the most accurate definition of substantial damage according to FEMA 480.