7.6.3 Complex or Unusual Appraisal Assignments
HUD Multifamily Accelerated Processing (MAP) Guide, HUD Handbook 4430.G (2020 ed., rev. Mar. 19, 2021) · 2026 edition · updated 2026-10-05 · United States
A. When an appraisal assignment involves a subject with property rights issues or other unusual circumstances, third-party appraisers must be sure to comply with USPAP Standards Rule 1-1(a), “In developing a real property appraisal, an appraiser must be aware of, understand, and correctly employ those recognized methods and techniques that are necessary to produce a credible appraisal.” When these issues occur, the Lender and appraiser (if identified) should consult with the Regional Center/Satellite Office at a concept meeting before the appraisal assignment begins.
Get a plain-English answer with a citation back to this text.
Ask AI about this code