Substantial Damage

Substantial Damage means damage of any origin sustained by a structure whereby the cost of restoring the structure to its before-damage condition would equal or exceed 50 percent of the market value of the structure before the damage occurred;

Source

44 CFR § 209.2

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Scoping language

Except as noted in this part, the definitions listed at 206.2 and 206.431 apply to the implementation of this part.

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