---
kind: "section"
citation: "38 C.F.R. § 36.4701"
title: "38"
number: "36.4701"
heading: "Definitions."
url: "https://uscodex.org/cfr/38/36.4701"
---

# §36.4701. Definitions.

- (a) Act means the National Flood Insurance Act of 1968, as amended ([42 U.S.C. 4001-4129](/usc/42/4001-4129.md)).
- (b) Secretary means the Secretary of Veterans Affairs.
- (c) Building means a walled and roofed structure, other than a gas or liquid storage tank, that is principally above ground and affixed to a permanent site, and a walled and roofed structure while in the course of construction, alteration, or repair.
- (d) Community means a State or a political subdivision of a State that has zoning and building code jurisdiction over a particular area having special flood hazards.
- (e) Designated loan means a loan secured by a building or mobile home that is located or to be located in a special flood hazard area in which flood insurance is available under the Act.
- (f) Director of FEMA means the Director of the Federal Emergency Management Agency.
- (g) Mobile home means a structure, transportable in one or more sections, that is built on a permanent chassis and designed for use with or without a permanent foundation when attached to the required utilities. The term mobile home does not include a recreational vehicle. For purposes of this part, the term mobile home means a mobile home on a permanent foundation. The term mobile home includes a manufactured home as that term is used in the NFIP.
- (h) NFIP means the National Flood Insurance Program authorized under the Act.
- (i) Residential improved real estate means real estate upon which a home or other residential building is located or to be located.
- (j) Servicer means the person responsible for:
  - (1) Receiving any scheduled, periodic payments from a borrower under the terms of a loan, including amounts for taxes, insurance premiums, and other charges with respect to the property securing the loan; and
  - (2) Making payments of principal and interest and any other payments from the amounts received from the borrower as may be required under the terms of the loan.
- (k) Special flood hazard area means the land in the flood plain within a community having at least a one percent chance of flooding in any given year, as designated by the Director of FEMA.

## Notes

### Amendments

[62 FR 5532, Feb. 6, 1997]

### Authority

Authority: 38 U.S.C. 501 and 3720.

### Amendments

[62 FR 5532, Feb. 6, 1997]
