6-1. Riverview Condos, on five acres of land adjacent to Big River, is located in a community that participates in the regular program of the National Flood Insurance Program (NFIP). Riverview's buildings include six identical residential structures, each containing twelve condominium units. The basement of each building contains storage spaces for residents' personal property. Each building has an actual cash value of $450,000 and a replacement cost of $500,000. In addition, Riverview Condos owns "The Commons," a centrally located building that includes a social hall, meeting rooms, offices, and other business facilities. The Commons has an actual cash value of $650,000 and a replacement cost of $700,000. The Riverview Condo Association acts on behalf of the seventy-two unit owners in making decisions that govern the condominium operation as a whole. The association's Executive Committee is currently reviewing the insurance coverages most appropriate for covering Riverview's flood loss exposures. a. What property form(s) from the National Flood Insurance Program could provide coverage for the Associations' exposure(s)? b. What ISO flood coverage, if any, is appropriate for this exposure in addition to NFIP coverage? c. Is there any coverage, in addition to the NFIP and ISO coverage, that could be considered to treat Riverview's flood insurance coverage needs? d. Of the insurance under consideration for the Riverview Association, how should the coverage be structured? e. Although the RCBAP provides broader coverage for buildings than the NFIP General Property Form, condominium owners may face lower limits than they would like on personal property. In addition, personal property stored in a condominium basement will not be covered by NFIP insurance. How can these problems be handled