Low-Rise Building
Term · Insurance and risk management · MLC-T-INS-000133
Low-rise condominium buildings having fewer than 5 units regardless of the number of floors or 5 or more units with fewer than 3 floors including basement. All townhouses/rowhouses, regardless of the number of floors or units and all single-family detached condominium buildings are classified as low rise. An enclosure below an elevated building, even if it is the lowest floor for rating purposes, cannot be counted as a floor to avoid classifying the building as a low rise.
| Identifier | MLC-T-INS-000133 |
|---|---|
| Field | Insurance and risk management |
| Subject | National Flood Insurance Program |
| References | FloodSmart Flood Insurance Glossary; FEMA Glossary |
Record as JSON
{
"id": "MLC-T-INS-000133",
"term": "Low-Rise Building",
"field": "Insurance and risk management",
"definition": "Low-rise condominium buildings having fewer than 5 units regardless of the number of floors or 5 or more units with fewer than 3 floors including basement. All townhouses/rowhouses, regardless of the number of floors or units and all single-family detached condominium buildings are classified as low rise. An enclosure below an elevated building, even if it is the lowest floor for rating purposes, cannot be counted as a floor to avoid classifying the building as a low rise.",
"subject": "National Flood Insurance Program",
"references": [
"FloodSmart Flood Insurance Glossary",
"FEMA Glossary"
],
"url": "https://mlchart.com/terminology/insurance/low-rise-building/"
}
Record 133 of 272 in Insurance and risk management terminology (MLC-0106). Request the full dataset.