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Document Id : 1199
File Type : Microsoft Word
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Minnesota Flood Zone Statement
Buying or selling real estate property in Minnesota? The mortgage lender may require a Flood Zone Statement before funding the mortgage loan.
- This free form must be jointly completed by both the buyer and the seller.
- The seller must state whether or not the property is located in an area that is flood prone, as defined by the National Flood Insurance Act.
- The buyer agrees to obtain any required flood hazard insurance.
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