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Hazards and Nuisances:
Airports

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Chapter 1
Appraisal & Property Requirements
Page 1-18a

1. Airport Noise:

     Properties are not to be rejected solely because of airport influences (noise) if there is evidence of acceptance in the market and if use of the dwellings is expected to continue. Special consideration should be given to determine if there is indication that adverse changes in market attitude are taking place in the area.

2. Hazards:

     Runway Clear Zones (aka Runway Protection Zones) at Civil Airports or Clear Zones or Accident Potential Zone I at Military Airfields.

  • All dwellings are acceptable provided the prospective purchaser acknowledges awareness that the property is located in a Runway Clear Zone/Clear Zone. See HUD Handbook 4150.1, Rev-1, Sections 4-26 for a sample of the buyers acknowledgment certification. This notification must be provided to the prospective purchaser at the time loan application is initiated. (Also see section titled "Hazards and Nuisances")
 -   Airports
 -   Railroad tracks and other high noise sources
 -   Flood zones and insurance
 -   Lead based paint
 -   Radon
 -   Overhead high voltage transmission towers and lines
 -   Operating and abandoned oil and gas wells, tanks and pressure lines
 -   Insulation materials
 -   Lava zones
 -   Avalanche hazards

 

 
Content updated December 3, 2001   Follow this link to go  Back to top   
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