Definition of "Storm ready community"

The definition of a storm ready community is any community across the country that demonstrates it has the means to prepare and educate the population for severe weather conditions. However, in order to be considered a storm ready community, you need formal recognition from the United States National Weather Service, through a program called StormReady. The occurrence of a natural disaster is a major thing in real estate, therefore, insurance companies provide means to ensure your home against events that are considered an “Act of God”.

StormReady is a program sponsored by the National Weather Service, and it was initiated in Tulsa, Oklahoma back in 1999. The fact that this area was experiencing at least one tornado each year since 1950, and several of them were devastating, the need for such a program was necessary. As you probably already know, some cities are facing devastating natural disasters and other cities are known for being safe from natural disasters, but here are some statistics. The US is experiencing on average about 10,000 thunderstorms, 1,000 tornadoes, 5,000 floods, and about 2 deadly hurricanes each year.

Although the program was initially called StormWise, in 2002 the official name and logo came out and StormReady is now a registered trademark of the National Weather Service. By the month of June 2011, there were about 870 counties, 720 communities, 37 commercial sites, 36 government sites and 72 universities that received the recognition. Later on, a TsunamiReady program was instituted as well and communities started getting recognition in that regard as well.

Did you know that Walt Disney World received its recognition in 2006 and that Indian Harbour Beach was one of the first StormReady cities on the East Coast of Florida? But in order to be officially StormReady, a community must:

  • Create a functional 24-hour warning point and operation center for emergency;
  • Have a system that monitors the local weather conditions at all times;
  • Hold community seminars that have the purpose of promoting the importance of public readiness in this type of situations;
  • Develop a formal plan for hazardous weather that also includes training sessions for severe weather condition spotters and simulating emergency situations;
  • Have a communication system that alerts the public when it receives severe weather forecasts.

image of a real estate dictionary page

Have a question or comment?

We're here to help.

*** Your email address will remain confidential.
 

 

Popular Real Estate Terms

Property deriving at least 75% of the income from personal residences. ...

Funds that are retained in an account until a certain event occurs. For example, a downpayment on a contract held until full payment is received whereupon the holding funds are credited to ...

Same as term closing: legal process of transferring a piece of real estate to a buyer. Typically it occurs in the office of the lender, attorney, or an escrow company. ...

When we think of rural property or rural real estate, most of us think of farms, properties with large areas designated to agricultural land. That’s how rural communities generally ...

A right or interest in property held by a third party, which often limits the use and diminishes the value of the property, but usually does not prevent the transferring of title. The more ...

What is reconciliation in real estate? Both aspiring appraisers and wannabe real estate agents know the definition of reconciliation in real estate. In appraisal, it refers to the process ...

Commonly, a covenant refers to a legal treaty or agreement between various parties. Explicitly, a stipulation comes into existence and is signed to confine particular financial transactions ...

Process determining an individual's financial ability to meet the terms of a loan. When selling real estate, the sales broker must qualify the buyer to make certain he/ she has the ...

Any gain or loss from selling of capital assets. The gain or loss is the difference between the net selling price and cost basis. The two types of capital gains or losses for tax purposes ...

Popular Real Estate Questions