Condo Owner

Spring 2017

Condo Owner publishes information vital to the business and pleasure of resort condominium ownership. Topics covered relate to real estate market trends, community association matters, rental management issues, tax and insurance updates and more.

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condo owner • S P R I N G 2 0 1 7 32 association matters When Hurricane Ivan made landfall in Gulf Shores in 2004, it resulted in 25 deaths in the United States alone and $14.2 billion in damage. Then Hurricane Dennis slammed Santa Rosa Island in 2005. A Category 3 storm like Ivan, Dennis caused three deaths and $2.5 billion in damage from Pensacola Beach to Blue Mountain Beach. It has been more than 10 years since a major hurricane hit the central Gulf Coast region, so it would be easy to let the guard down on prepared- ness for hurricane season, which runs from June through November. That would be a mistake. Knowing that you have proper insurance is the first step. Most policies cover damage from rain, wind, hail, lightning and other storm-related elements, but be sure. After a storm, property owners are sometimes taken by surprise at the deductible for wind damage. It's better to know in advance. Learn the elevation level of your property so you know if you need flood insurance, either through your carrier or the FEMA National Flood Insurance Program. That includes reviewing flood maps to deter- mine if you will be affected by storm surge, said James Fell Sr., founder and principal partner of Building Engineering-Consultants, Inc. in Destin, Fla. Starting this year, the National Weather Center (NWC) will issue storm surge watches and warnings to highlight areas in the Gulf of Mexico that have significant risk. The warnings will be in addition to the hurricane warnings already given. Storm surge is often the greatest threat to life and property from a tropical system, according to the NWC. Having a separate warning system for storm surge could save lives, officials say. Hurricane Classifications The Saffir-Simpson Hurricane Scale is a 1 to 5 rating based on a hurricane's intensity, principally wind speed. Category One: Winds 74 to 95 mph. Storm surge generally 4-5 feet above normal. Category Two: Winds 96 to 110 mph. Storm surge generally 6-8 feet above normal. Category Three: Winds 111 to 130 mph. Storm surge generally 9-12 feet above normal. Terrain lower than five feet above sea level may be flooded inland eight miles or more. Category Four: Winds 131 to 155 mph. Storm surge generally 13-18 feet above normal. Low-lying escape routes may be cut by rising water three to five hours before arrival of the hurricane center. Major damage to lower floors of structures near the shore. Category Five: Winds greater than 155 mph. Storm surge generally greater than 18 feet above normal. Massive evacuation of residential areas on low ground within five to 10 miles of the shoreline may be required. n Hurricane Preparation On The Gulf Coast By Tammy Leytham Hurricane Ivan damaged condos across the coast, including these in Perdido Key, when it came ashore in 2004. SURVIVING STORM the next

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