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TeachMeFinance.com - explain Residential Condominium Building Association Policy (RCBAP) Residential Condominium Building Association Policy (RCBAP) The term 'Residential Condominium Building Association Policy (RCBAP)' as it applies to the area of flooding can be defined as 'Policy issued to insure a residential condominium building and all units within the building, provided that the building is located in a Regular Program Community and at least 75 percent of the total floor area is residential. '. Previous 5 Terms: Reservoir regulation (or operating) procedure Reservoir repressuring Reservoir surface area residence time Residential building Next 5 Terms: Residential consumers Residential energy consumption survey (RECS) Residential heating oil price Residential propane price Residential sector About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.