§ 760.1 Authority, purpose, and scope
§ 760.2 Definitions
§ 760.3 Requirement to purchase flood insurance where available
§ 760.4 Exemptions
§ 760.5 Escrow requirement
§ 760.6 Required use of standard flood hazard determination form
§ 760.7 Force placement of flood insurance
§ 760.8 Determination fees
§ 760.9 Notice of special flood hazards and availability of Federal disaster relief assistance
§ 760.10 Notice of servicer’s identity
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Terms Used In 12 CFR Part 760 - Loans in Areas Having Special Flood Hazards

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Life estate: A property interest limited in duration to the life of the individual holding the interest (life tenant).
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oversight: Committee review of the activities of a Federal agency or program.
  • Personal property: All property that is not real property.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Remainderman: One entitled to the remainder of an estate after a particular reserved right or interest, such as a life tenancy, has expired.
  • restricted property: as used in this part does not include the restricted lands of the Five Civilized Tribes of Oklahoma or the Osage Nation. See 25 CFR 179.2