The Federal Emergency Management Agency (FEMA) is an agency of the United States Department of Homeland Security (DHS), initially created under President Jimmy Carter by Presidential Reorganization Plan No. 3 of 1978 and implemented by two Executive Orders on April 1, 1979. The agency's primary purpose is to coordinate the response to a disaster that has occurred in the United States and that overwhelms the resources of local and state authorities. The governor of the state in which the disaster occurs must declare a state of emergency and formally request from the President that FEMA and the federal government respond to the disaster. The only exception to the state's gubernatorial declaration requirement occurs when an emergency or disaster takes place on federal property or to a federal asset—for example, the 1995 bombing of the Alfred P. Murrah Federal Building in Oklahoma City, Oklahoma, or the Space Shuttle Columbia in the 2003 return-flight disaster.
Pass Christian, nicknamed The Pass, is a city in Harrison County, Mississippi, United States. It is part of the Gulfport–Biloxi Metropolitan Statistical Area. The population was 6,307 at the 2019 census.
This aims to be a complete list of the articles on real estate.
Real estate appraisal, property valuation or land valuation is the process of developing an opinion of value for real property. Real estate transactions often require appraisals because they occur infrequently and every property is unique, unlike corporate stocks, which are traded daily and are identical. The location also plays a key role in valuation. However, since property cannot change location, it is often the upgrades or improvements to the home that can change its value. Appraisal reports form the basis for mortgage loans, settling estates and divorces, taxation, and so on. Sometimes an appraisal report is used to establish a sale price for a property.
Just compensation is a right enshrined in the Fifth Amendment to the U.S. Constitution, which is invoked whenever private property is taken by the government. Under some state constitutions, it is also owed when the government "damages" private property.
In real estate, stigmatized property is property that buyers or tenants may shun for reasons that are unrelated to its physical condition or features. These can include death of an occupant, murder, suicide, previous illicit activities, and even the belief that a house is haunted.
In finance, flipping is a term used to describe purchasing an asset and quickly reselling it for profit.
The National Flood Insurance Program (NFIP) is a program created by the Congress of the United States in 1968 through the National Flood Insurance Act of 1968. The NFIP has two purposes: to share the risk of flood losses through flood insurance and to reduce flood damages by restricting floodplain development. The program enables property owners in participating communities to purchase insurance protection, administered by the government, against losses from flooding, and requires flood insurance for all loans or lines of credit that are secured by existing buildings, manufactured homes, or buildings under construction, that are located in the Special Flood Hazard Area in a community that participates in the NFIP. U.S. Congress limits the availability of National Flood Insurance to communities that adopt adequate land use and control measures with effective enforcement provisions to reduce flood damages by restricting development in areas exposed to flooding.
Hurricane Katrina was a devastating and deadly Category 5 Atlantic hurricane that caused 1,392 fatalities and damages estimated at $186.3 billion in late August 2005, particularly in the city of New Orleans and its surrounding area. Katrina was the twelfth tropical cyclone, the fifth hurricane, and the third major hurricane of the 2005 Atlantic hurricane season. It was also the fourth-most intense Atlantic hurricane to make landfall in the contiguous United States, gauged by barometric pressure.
As the center of Hurricane Katrina passed southeast of New Orleans on August 29, 2005, winds downtown were in the Category 1 range with frequent intense gusts. The storm surge caused approximately 23 breaches in the drainage canal and navigational canal levees and flood walls. As mandated in the Flood Control Act of 1965, responsibility for the design and construction of the city’s levees belongs to the United States Army Corps of Engineers and responsibility for their maintenance belongs to the Orleans Levee District. The failures of levees and flood walls during Katrina are considered by experts to be the worst engineering disaster in the history of the United States. By August 31, 2005, 80% of New Orleans was flooded, with some parts under 15 feet (4.6 m) of water. The famous French Quarter and Garden District escaped flooding because those areas are above sea level. The major breaches included the 17th Street Canal levee, the Industrial Canal levee, and the London Avenue Canal flood wall. These breaches caused the majority of the flooding, according to a June 2007 report by the American Society of Civil Engineers. The flood disaster halted oil production and refining which increased oil prices worldwide.
The article covers the Hurricane Katrina effects by region, within the United States and Canada. The effects of Hurricane Katrina, in late August 2005, were catastrophic and widespread. It was one of the deadliest natural disasters in U.S. history, leaving at least 1,836 people dead, and a further 135 missing. The storm was large and had an effect on several different areas of North America.
Hurricane Katrina had many social effects, due the significant loss and disruption of lives it caused. The number of fatalities, direct and indirect, related to Katrina is 1,833 and over 400,000 people were left homeless. The hurricane left hundreds of thousands of people without access to their homes or jobs, it separated people from relatives, and caused both physical and mental distress on those who suffered through the storm and its aftermath, such as Post-traumatic stress disorder (PTSD).
Cyclone mitigation encompasses the actions and planning taken before a tropical cyclone strikes to mitigate damage and injury from the storm. Knowledge of tropical cyclone impacts on an area help plan for future possibilities. Preparedness may involve preparations made by individuals as well as centralized efforts by governments or other organizations. Tracking storms during the tropical cyclone season helps individuals know current threats. Regional Specialized Meteorological Centers and Tropical Cyclone Warning Centers provide current information and forecasts to help individuals make the best decision possible.
Stambovsky v. Ackley, 169 A.D.2d 254, commonly known as the Ghostbusters ruling, is a case in the New York Supreme Court, Appellate Division, that held that a house, which the owner had previously advertised to the public as haunted by ghosts, legally was haunted for the purpose of an action for rescission brought by a subsequent purchaser of the house. Because of its unique holding, the case has been frequently printed in textbooks on contracts and property law and widely taught in U.S. law school classes, and is often cited by other courts.
Mortgage fraud refers to an intentional misstatement, misrepresentation, or omission of information relied upon by an underwriter or lender to fund, purchase, or insure a loan secured by real property.
The Ernest Hemingway House was the residence of American writer Ernest Hemingway in the 1930s. The house is situated on the island of Key West, Florida. It is at 907 Whitehead Street, across from the Key West Lighthouse, close to the southern coast of the island. Due to its association with Hemingway, the property is the most popular tourist attraction in Key West. It is also famous for its large population of so-called Hemingway cats, many of which are polydactyl.
Katrina refrigerators are refrigerators that were destroyed or rendered unusable during Hurricane Katrina on August 29, 2005, and their aftermath. Many were made into temporary folk art.
The term FEMA trailer, or FEMA travel trailer, is the name commonly given by the United States government to forms of temporary manufactured housing assigned to the victims of natural disaster by the Federal Emergency Management Agency (FEMA). Such trailers are intended to provide intermediate term shelter, functioning longer than tents which are often used for short-term shelter immediately following a disaster. FEMA trailers serve a similar function to the "earthquake shacks" erected to provide interim housing after the 1906 San Francisco earthquake.
SBP is a nonprofit, disaster relief organization. After temporarily volunteering in St. Bernard Parish, Louisiana after Hurricane Katrina, Liz McCartney and Zack Rosenburg returned permanently in March 2006 and founded the project. The organization eventually expanded to include offices in New Orleans and Baton Rouge in Louisiana, Joplin, Missouri, Columbia, South Carolina, New Jersey, New York, and West Virginia. By August 2022, SBP's national impact included assistance to 5,500 families, including the rebuilding of over 1,200 homes, including 600 in New Orleans. They have collaborated extensively with Toyota and Americorps. As a result of its accomplishments, the organization and its founders have been recognized by Senator Mary Landrieu, CNN, and President Barack Obama.
Judah Hertz was an American real estate investor and philanthropist. He was the founder of the Hertz Investment Group and owned many office buildings in Downtown Los Angeles, the New Orleans Central Business District and cities across the Southern United States.
