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Chose the Best Answer to Complete the Following Statement: in the United

Question 7

Multiple Choice

Chose the best answer to complete the following statement: In the United States, federally regulated lending institutions are required to disclose information to mortgage or other loan applicants whether their property is on a floodplain as shown on the Flood Insurance Rate Map (FIRM) . But the requirement has to be met only _________ days prior to closing.


A) 5
B) 10
C) 15
D) 20

Correct Answer:

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