FEMA 50% Rule and What You Need to Know Before Rebuilding Your Damaged Home When disaster strikes, rebuilding a damaged home comes with emotional and logistical challenges. One critical aspect homeowners must understand is the FEMA 50% Rule. This regulation plays a pivotal role in determining whether you can repair or rebuild your property as-is or need to bring it into compliance with current building codes and floodplain regulations. In this article, we’ll break down what the FEMA 50% Rule entails, its implications, and the steps you should take before rebuilding. What Is the FEMA 50% Rule? Overview of the Rule The FEMA 50% Rule states that if the cost of repairing or improving a structure equals or exceeds 50% of its pre-damage market value,... Read more
Category: Local Building Codes
Local Building Codes