Definition of Pre-FIRM Building

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TeachMeFinance.com - explain Pre-FIRM Building



Pre-FIRM Building

The term 'Pre-FIRM Building' as it applies to the area of flooding can be defined as 'A building for which construction or substantial improvement occurred on or before December 31, 1974, or before the effective date of an initial Flood Insurance Rate Map (FIRM)'.

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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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