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As Congress continues to negotiate to avoid a government shutdown, NAR is advocating for an on-time extension of the National Flood Insurance Program (NFIP). NAR has prepared a Frequently Asked Questions (FAQ) Sheet on what an NFIP lapse could mean for real estate closings and what options are available for consumers to buy or renew a flood insurance policy before March 8, 2024.
Read the Frequently Asked Questions (FAQ) Sheet.