Uncategorized Archive
06 Aug 2012
CRC Seeking Input on Updated Erosion Rates
In 2011 the Division of Coastal Management completed its update of the long-term average annual erosion rates used in determining the ocean hazard setback factors initially established by the CRC under the Coastal Area Management Act (CAMA) in 1979. The long-term average annual erosion rates have been updated periodically since 1980, with the last update
25 Jul 2012
NFIP – Congress Passes 5yr Extension
In an important victory for the National Association of Home Builders (NAHB) and the National Association of REALTORS® and its members who rely on the National Flood Insurance Program (NFIP), Congress reached an agreement to reauthorize the program through Sept. 30, 2017. In the past few years, the NFIP has experienced several short-term lapses in
25 Jul 2012
NCREC Issues Proposed BPO Rules
In response to Session Law 2012-163, which was enacted July 12, 2012 with an effective date of October 1, 2012, adds Article 6, 93A-82 and 83, to Chapter 93A of the General Statutes. The new Article 6 authorizes real estate brokers to perform broker price opinions (“BPO”) and Comparative Market Analyses (“CMA”) for a fee