The Federal Emergency Management Agency (FEMA) has released a revised Standard Flood Hazard Determination Form, FEMA Form 81-93, OCT 02, which replaces FEMA Form 81-93, OCT 98. The form is used for determining whether real property offered as collateral on a loan is located in a special flood hazard area.
Notification was published on FEMA’s website on November 11, 2002. The effective date of the form was October 2002, but FEMA’s notice provided a reasonable implementation period, until February 28, 2003, for the industry to make changes in their automated systems. Use of the revised form became mandatory on March 1, 2003.
A copy of the form with instructions is attached. The form and instructions may be reproduced and are also available from the following sources:
- FEMA Web Site http://www.fema.gov/library/viewRecord.do?id=1394
- FEMA Warehouse 1-800-480-2520 (camera-ready copies)
If you have any questions, please contact FEMA or your regional office.