source:
  type: regulation
  id: flood-12cfr-22.4
  authority: 12 CFR §22.4 — Exemptions
  description: 12 CFR §22.4 — Exemptions.
  coverage_tier: operative
obligations:
- id: flood-12cfr-22.4-full
  canonical_id: flood-12cfr-22.4-full
  section: 12 CFR §22.4 — Exemptions
  type: do
  tags:
  - regulator-direct
  - flood
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: 12 CFR §22.4 — Exemptions
    source_class: cfpb-regulation
    source_url: https://www.law.cornell.edu/cfr/text/12/22.4
    snapshot_id: 49140e6325d794f3
    fetched_at: '2026-06-17T20:22:50Z'
    content_hash: sha256:8ed18b93618d19b2fc54c46942cf820ce4935963c38300f5a611438226d8763a
    paragraph_quote: '§ 22.4 Exemptions. The flood insurance requirement prescribed
      by § 22.3 does not apply with respect to: (a) Any State-owned property covered
      under a policy of self-insurance satisfactory to the Administrator of FEMA ,
      who publishes and periodically revises the list of States falling within this
      exemption; (b) Property securing any loan with an original principal balance
      of $5,000 or less and a repayment term of one year or less; or (c) Any structure
      that is a part of any residential property but is detached from the primary
      residential structure of such property and does not serve as a residence. For
      purposes of this paragraph (c): (1) “A structure that is a part of a residential
      property” is a structure used primarily for personal, family, or household purposes,
      and not used primarily for agricultural, commercial, industrial, or other business
      purposes; (2) A structure is “detached” from the primary residential structure
      if it is not joined by any structural connection to that structure; and (3)
      “Serve as a residence” shall be based upon the good faith determination of the
      national bank or Federal savings association that the structure is intended
      for use or actually used as a residence, which generally includes sleeping,
      bathroom, or kitchen facilities.'
  judgment: false
