Mitchell6024/quickb · Datasets at Hugging Face

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a25fc8da-aa7b-4b38-b58e-6fde9ca4a29a	Appraisal The appraiser must provide a written narrative format or a commercially Requirements available vacant land appraisal form. Like all VA appraisals, the appraisal must meet USPAP.	VA_Guidelines.txt
a5853b2e-47d1-412d-b2ca-aeb2371748b1	The appraisal report must include: • property address • legal description • owner of record • assessment and property tax information • property rights appraised • site size • zoning • highest and best use • shape • topography • drainage • availability of utilities • flood zone information • estimated cost of razing any existing improvements which must be considered in market approach •	VA_Guidelines.txt
ffc3d6a4-3b01-492e-82cd-382737ee1ec2	which must be considered in market approach • comparable sales grid with three comparable sales, adjusted to indicate the estimated market value of the subject property • Assumptions and Limiting Conditions, and Appraiser Certifications 11-33 Chapter 12 Minimum Property Requirement Overview This chapter contains the following topics	VA_Guidelines.txt
20e82a0f-0ae7-4b40-82a6-77a1689deb8b	.	VA_Guidelines.txt
e149d8ff-13e8-40a4-992f-59cdc62b2325	In this Chapter Topic Topic Name See Page 1 Minimum Property Requirement Procedures 12-3 2 Marketable Real Estate Entity 12-5 3 Space Requirements 12-6 4 Access 12-7 5 Encroachments 12-9 6 Drainage and Topography 12-10 7 Geological or Soil Instability, Subsidence, and Sinkholes 12-11 8 Special Flood Hazard Area 12-13 9 Coastal Barrier Resources System 12-14 10 Lava Flow Hazard Areas 12-15 11	VA_Guidelines.txt
0ec12b6f-0830-4bfd-a3f8-be5b3c392203	System 12-14 10 Lava Flow Hazard Areas 12-15 11 Non-Residential Use 12-16 12 Zoning 12-17 13 Local Housing/Planning Authority Code Enforcement 12-18 14 Utilities 12-19 15 Water Supply and Sanitary Facilities 12-20 16 Individual Water Supply 12-22 17 Individual Sewage Disposal 12-24 18 Shared Wells 12-25 19 Community Water Supply/Sewage Disposal Requirements 12-26 20 Hazards 12-27 21 Defective	VA_Guidelines.txt
979d1b2c-02f7-4306-b1d0-d06f187314f0	Requirements 12-26 20 Hazards 12-27 21 Defective Conditions 12-28 22 Mechanical Systems 12-29 23 Heating 12-30 24 Leased Mechanical Systems and Equipment 12-31 25 Alternative Energy Equipment 12-32 Continued on next page VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1	VA_Guidelines.txt
e1c8e8b3-9217-4cc5-8ffe-3902831ad025	.	VA_Guidelines.txt
1951d2f5-b4e7-469b-ba73-cf66f9139c09	Minimum Property Requirement Procedures, continued a.	VA_Guidelines.txt
7280f2cf-f15b-4b21-9593-3282ffb383e5	MPRs, continued Topic Topic Name See Page 26 Roof Covering 12-33 27 Attics 12-34 28 Crawl Space 12-35 29 Basements 12-36 30 Swimming Pools 12-37 31 Burglar Bars 12-38 32 Lead-Based Paint 12-39 33 Wood Destroying Insects/Fungus/Dry Rot 12-40 34 Radon Gas 12-42 35 Potential Environmental Problem 12-43 36 Stationary Storage Tanks 12-44 37 Mineral, Oil and Gas Reservations or Leases 12-45 38 High	VA_Guidelines.txt
8690f835-ac2f-4c16-b518-7ca78be33869	Oil and Gas Reservations or Leases 12-45 38 High Voltage Electric Transmission Lines 12-46 39 High Pressure Gas and Liquid Petroleum Pipelines 12-47 40 Properties Near Airports 12-48 41 Manufactured Home Classified as Real Estate 12-49 42 Modular Homes 12-50 43 Energy Conservation and Sustainability 12-51 44 Requests for Waiver of MPR Repairs 12-52 12-2 VA Pamphlet 26-7, Revised Chapter 12:	VA_Guidelines.txt
7cba06d0-c46b-4e05-aff0-989ae6c13772	12-52 12-2 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1	VA_Guidelines.txt
f8032322-0cb1-4a80-8818-896b774c0872	.	VA_Guidelines.txt
5e35cb2e-85da-4d80-9285-4d9773db0cc9	Minimum Property Requirement Procedures Change Date October 18, 2019 • This chapter has been revised in its entirety. a. MPRs VA has established Minimum Property Requirements (MPRs) to protect the interests of Veterans, lenders, servicers, and VA. Properties must meet these requirements prior to guaranty of the loan by VA. b.	VA_Guidelines.txt
5ba0965e-43c7-4009-8b43-4d1878583f47	Appraisal is While VA-assigned fee appraisers must note any readily apparent repairs that Not a Home are needed, it is important to distinguish the differences between a real estate Inspection appraisal and a home inspection report. The fee appraiser will not perform operational checks of mechanical systems or appliances.	VA_Guidelines.txt
3d383239-717f-4c41-8759-c7ba338b201c	The fee appraiser estimates the value of the property to ensure that it is sufficient for the amount of the proposed loan. c. Safe, Sound, MPRs help ensure that the property is safe, structurally sound, and sanitary. Sanitary The scope of MPRs also includes issues related to the property’s location and legal considerations. d.	VA_Guidelines.txt
9559f180-929b-4680-ae2c-7116934cec6b	Appraisal The appraiser will prepare origination appraisals “subject to” the completion Subject to of any MPR repairs that appear to be needed and include the contributory Repairs to value of the completed repairs in the estimated market value. Liquidation meet MPRs appraisals are prepared “as-is” (see Chapter 11, Topic 20 of this Handbook). e.	VA_Guidelines.txt
8faa78c2-1580-4bce-b48f-81101859305c	Recommend Appraisers must not prepare appraisals subject to inspections. The appraiser Repairs, Not must recommend repairs, not inspections, for any conditions that do not appear Inspections to meet MPRs. f.	VA_Guidelines.txt
54fa68a9-9b77-405b-90ef-05c1f1d5024a	Cosmetic The appraiser should not recommend repairs of cosmetic items, items Items involving minor deferred maintenance or normal wear and tear, or items that are inconsequential in relation to the overall condition of the property.	VA_Guidelines.txt
9387d80e-42e2-4f93-9b03-ca5fcac5ad0f	While minor repairs should not be recommended, the appraiser should consider these items in the overall condition rating when estimating the market value of the property. Continued on next page 12-3 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1. Minimum Property Requirement Procedures Change Date October 18, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
0efda22d-9c1d-4e23-adf1-d72c4ed52352	MPRs VA has established Minimum Property Requirements (MPRs) to protect the interests of Veterans, lenders, servicers, and VA. Properties must meet these requirements prior to guaranty of the loan by VA. b.	VA_Guidelines.txt
8757a358-8102-4644-b115-3c9780591ca3	Appraisal is While VA-assigned fee appraisers must note any readily apparent repairs that Not a Home are needed, it is important to distinguish the differences between a real estate Inspection appraisal and a home inspection report. The fee appraiser will not perform operational checks of mechanical systems or appliances.	VA_Guidelines.txt
236a71d9-9c4f-49cc-acd3-c27f943642f8	The fee appraiser estimates the value of the property to ensure that it is sufficient for the amount of the proposed loan. c. Safe, Sound, MPRs help ensure that the property is safe, structurally sound, and sanitary. Sanitary The scope of MPRs also includes issues related to the property’s location and legal considerations. d.	VA_Guidelines.txt
11725b17-288f-4b91-a857-843304aefbe8	Appraisal The appraiser will prepare origination appraisals “subject to” the completion Subject to of any MPR repairs that appear to be needed and include the contributory Repairs to value of the completed repairs in the estimated market value. Liquidation meet MPRs appraisals are prepared “as-is” (see Chapter 11, Topic 20 of this Handbook). e.	VA_Guidelines.txt
1ad7d7b1-918a-4d5f-83b3-7eac14427522	Recommend Appraisers must not prepare appraisals subject to inspections. The appraiser Repairs, Not must recommend repairs, not inspections, for any conditions that do not appear Inspections to meet MPRs. f.	VA_Guidelines.txt
254415c8-79a9-49a5-9e1d-595e1342f6ae	Cosmetic The appraiser should not recommend repairs of cosmetic items, items Items involving minor deferred maintenance or normal wear and tear, or items that are inconsequential in relation to the overall condition of the property.	VA_Guidelines.txt
80b050d4-f048-4a1c-ae0d-c5571b6409f5	While minor repairs should not be recommended, the appraiser should consider these items in the overall condition rating when estimating the market value of the property. Continued on next page 12-3 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1. Minimum Property Requirement Procedures, continued g.	VA_Guidelines.txt
eedb7da4-2ac6-4cf6-8f3b-b6cedbfa3c09	Detached Detached sheds or other improvments on the site may be included in value if Improvements the improvement meets VA’s MPRs. If the improvement does not meet MPRs it must be excluded from value. If the improvement presents a health or safety hazard, the appraisal must be completed subject to the removal of the improvement. h.	VA_Guidelines.txt
2b70966f-63ae-45bd-8d4b-427530528a9c	Home After an origination appraisal is completed, the Notice of Value (NOV) that is Inspection issued to the Veteran includes a recommendation that the Veteran may wish to Recommended obtain a home inspection (see Chapter 13, Appendix A of this Handbook). i.	VA_Guidelines.txt
0bd22f8c-fa4e-4a8d-a805-42f6301d2ee8	Local Information about MPRs concerning properties in specific locations are listed Requirements by state at http://www.benefits.va.gov/HOMELOANS/appraiser_cv_local_req.asp. j. SAH Additional MPRs apply to Specially Adapted Housing (SAH) program cases.	VA_Guidelines.txt
11dbc8f3-5f00-426d-a82b-30de1a3d44d3	The Regional Loan Center (RLC) of jurisdiction should be contacted for assistance with SAH questions. 12-4 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 2. Marketable Real Estate Entity Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Single Real The property must be a single, readily marketable, real estate entity. Estate Entity b.	VA_Guidelines.txt
22662be6-1453-41b4-aa2b-95ced22fab79	Estate Entity b. Multiple More than one parcel or lot may be included as long as all of the property is Parcels contiguous and legally marketable. VA does not set a limit on the number of acres that the property may have. If the property being appraised includes more than one parcel, the appraisal must be prepared subject to placing all of the parcels on one deed. c.	VA_Guidelines.txt
f53042c0-3698-4774-b9b4-3c832a62bede	Road or If a property is divided by a road or waterway, the appraiser must determine Waterway the effect on the utility of the property to ensure that the property is a readily Dividing the marketable, real estate entity. Property 12-5 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 3.	VA_Guidelines.txt
3441d040-9f5a-44ec-b4ac-cc332678e8f1	Space Requirements Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Space Each living unit must have sufficient space for: Requirements • living, • sleeping, • cooking and dining, and • sanitary facilities. b.	VA_Guidelines.txt
c4f9ae5b-4333-4f76-94dd-4967d1e49b13	Non- Non-standard house styles which may be unique in a market area, for example, Standard log houses, earth sheltered houses, dome houses, and houses with lower than Construction normal ceiling heights, must meet any local building codes. The appraiser must consider the marketability of the home in the appraisal. 12-6 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 4.	VA_Guidelines.txt
dde524e2-63b0-4d43-8760-debf3e59eb37	Access Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Street Each property must be provided with a safe and adequate pedestrian or Access vehicular access from a public or private street with an all-weather surface. b.	VA_Guidelines.txt
f9eaf3a2-5352-40c1-adb7-017b8bd74115	Private Private roads must be: Road Requirements • protected by a permanent easement, and • maintained by a homeowners association or joint maintenance agreement. c. If a maintenance agreement does not exist, every effort should be made to Maintenance obtain the agreement of all owners of properties on the private road to share Agreement the cost of maintaining the road. Signatures d.	VA_Guidelines.txt
c4982611-ecb7-489b-aa99-30797f4822bb	Signatures d. RLC In the absence of an agreement signed by all owners, particularly those of Approval properties located between the subject property and the public road, an Required if agreement by a Veteran to accept responsibility for a disproportionate share of the Veteran is the road must be reasonable in regards to the distance from the subject Accepting property to the public road.	VA_Guidelines.txt
531f6ae2-75d2-49af-99f7-722c3b20a04b	The RLC of jurisdiction must be contacted in order Additional to approve the agreement. VA will not accept an agreement in which the Responsibility Veteran accepts sole responsibility for maintaining an unreasonable distance of the private road as this could create a burden for the Veteran as well as future property owners. e.	VA_Guidelines.txt
079aa68e-d7e6-46c8-9bb3-b635838f4706	Private If private street maintenance is covered in the organizational documents for a Street in PUD planned unit development (PUD) or condominium, or by state law, the NOV or may be issued without a requirement for further documentation. Condominium f. Easements Each living unit must be accessible without passing through any other living Must Run with unit or trespassing on adjoining properties.	VA_Guidelines.txt
a74e949c-6d03-4872-9316-4a059b81aace	Any easements required must run the Land with the land. Continued on next page 12-7 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 4. Access, continued g. Backyard Access to the backyard must be provided without passing through any other Access living unit.	VA_Guidelines.txt
71e6e96d-0e15-4fec-a9e3-8c92e99d5a18	For a row-type dwelling, the access may be by means of • an alley, • easement, or • passing through the subject dwelling. h. Exterior Adequate space to perform maintenance of the exterior walls must be present Wall Access between buildings. i.	VA_Guidelines.txt
f168239b-59b3-4604-9b97-a72c5eb3c02e	Property A building constructed on or next to a property line must be separated from the Constructed adjoining building by a wall extending the full height of the building from the Adjacent to foundation to the ridge of the roof. Another Property Line 12-8 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 5.	VA_Guidelines.txt
4389741f-e721-42f1-919c-9b77d178558c	Encroachments Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
cb9e84bb-ba5a-4858-a2e3-c2b451f00cf9	The appraiser must report any apparent encroachments of the subject’s Encroachments dwelling, garage, or other improvements onto an adjacent property, right-of- way, utility easement, or building restriction line and any apparent encroachments of a neighboring dwelling, garage, or other improvements onto the subject property. b.	VA_Guidelines.txt
0f84c330-4595-4eb8-842c-4aab60c9dc84	Prompt The appraiser must notify the lender of the encroachment promptly to provide Notification as much time as possible to resolve the issue. 12-9 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 6. Drainage and Topography Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
81e729b8-afbb-401c-a1ab-5cad2d50de19	Grading The site must be graded so that it • provides positive, rapid drainage away from the perimeter walls of the dwelling, and • prevents ponding of water on the site. b. The appraiser must report any danger due to topographic conditions, such as Topographic mudslides from adjoining properties, falling rocks, or avalanches.	VA_Guidelines.txt
4058ec74-92be-4320-bfe5-deb85dd12b40	Conditions 12-10 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 7. Geological or Soil Instability, Subsidence, and Sinkholes Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Soil The appraiser must report any readily observable soil conditions of the site, Conditions and other physical features that affect the value of the site.	VA_Guidelines.txt
24adabe7-c3ea-43b3-b3e2-acb9f9d2e718	The appraiser should also consider any published reports regarding the instability of the soil and surface support of the land concerning the subject and nearby properties. The appraiser must consider any effect on the estimated market value of the property. b.	VA_Guidelines.txt
eed62173-d7c3-455e-961e-b9920417b141	Subsidence Subsidence may be encountered where homes are constructed on uncontrolled fill or unsuitable soil, in locations near mining activity or extraction of subsurface minerals (to include fracking), or where the subsoil or subsurface is unstable and subject to slippage or expansion. Signs of subsidence may include cracks in the terrain, sinkholes, foundation damage or settlement problems. c.	VA_Guidelines.txt
1568464b-7629-4c24-8e9b-05b7b62ad715	Dangerous The appraiser must report any probable or imminent danger of subsidence or Subsidence or sinkholes. Depending on the extent of the problem, it could be considered a Sinkholes hazard (see Topic 20 of this Chapter) which would make the property ineligible. The appraiser must notify the lender promptly when a hazardous condition is found. d.	VA_Guidelines.txt
eda46cb1-7f83-4304-8168-cc2d82668144	Repairs by If a settlement problem that does not have the severity of a hazard is apparent, Contractor the appraisal must be prepared “subject to repair” by a licensed contractor (for example, step-cracks in an exterior wall, or cracked flooring with significant vertical displacement). e.	VA_Guidelines.txt
683958e0-c065-4a34-89a7-f6192ce6bed7	Hairline Minor hairline cracks due to expansion or normal settlement that are common Cracks in the market area do not typically require repair. Continued on next page 12-11 Continued from previous page 12-11 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 7. Geological or Soil Instability, Subsidence, and Sinkholes, continued f.	VA_Guidelines.txt
9a72a2a6-eed4-46e7-abed-a1f6966835a8	New or For new or proposed construction properties, in areas that have a history of Proposed geological or soil instability, the builder must submit either: Property • a certification that to the best of the builder’s knowledge and belief, any geological or soil-related hazard has been compensated for in the engineering design of the improvements and no portion of the construction will rest on	VA_Guidelines.txt
702d9d70-7540-4263-bfb6-9f284a0e6dca	and no portion of the construction will rest on fill, or • evidence from a qualified geologist or engineer that the subject site either does not present unusual geological soils-related hazards or such hazards have been compensated for in the engineering design of the improvements	VA_Guidelines.txt
bc65bb96-c084-45b1-85f4-66891e3e52b4	. (Qualified geologists are state licensed or are a member of a national or state organization which requires responsibility, experience, education and demonstrated ability in the field of engineering geology.) 12-12 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 8.	VA_Guidelines.txt
ff8e53c0-18a7-404b-93ce-088479fd04be	Special Flood Hazard Area Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Flood Properties located in a FEMA Special Flood Hazard Area (SFHA) must be Insurance covered by a flood insurance policy. Properties located in a SFHA are not eligible if flood insurance is not available. b.	VA_Guidelines.txt
9e9da9dc-2d16-4573-8932-f2b955812a05	Regular Based on the appraiser’s knowledge of the market area, properties that are Flooding subject to regular flooding are not eligible, whether or not the area has been designated an SFHA. c. Verification While appraisers must provide flood zone information on the appraisal report, of Flood Zone flood zone maps do not typically indicate the location of specific properties.	VA_Guidelines.txt
514b9412-7567-40fa-97fb-e87e574018d2	Lenders are responsible for verifying the flood zone information. d. Flood SFHAs are usually designated Zones A, AO, AH, A1-A30, AE, A99, AR, Zones AR/AE, AR/AO, AR/A1-A30, AR/A, V, VE, and V1-V30. Flood insurance is not required in Zones B, C, X, and D. e.	VA_Guidelines.txt
c38213b6-e88e-4c58-a8b7-13ee1a9ab3c5	Excluding At the Veteran’s request, non-residential improvements such as detached Non- garages and small sheds may be excluded from the flood insurance policy if Residential they are also excluded from the appraised value. The cost of flood insurance Improvements with and without coverage for the detached building should be compared as excluding a detached building may not be worthwhile. f.	VA_Guidelines.txt
36cdcd68-3c50-4a98-8268-0628fb1ec679	Private Veterans may elect to obtain private flood insurance instead of obtaining flood Flood insurance through the National Flood Insurance Program. Insurance 12-13 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 9. Coastal Barrier Resources System Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
c9392d01-2c3b-40ef-962d-ba654d0058e0	Eligibility Properties located in Coastal Barrier Resources System (CBRS) areas are not eligible for an appraisal. b. Appraiser Appraisers who perform appraisals for VA near the Atlantic Ocean, the Great Responsibilities Lakes, the Gulf of Mexico, or the Caribbean Sea must be familiar with any CBRS areas.	VA_Guidelines.txt
9b913cca-02dc-495b-aaf8-d4a44e020dfc	If the appraiser finds that a property on which an appraisal has been ordered is located in a CBRS area, the appraiser must stop work and promptly notify the lender. 12-14 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 10. Lava Flow Hazard Zones Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
4c4d4b47-c5eb-4018-a1c2-f05a10a3187a	Appraiser Lava Flow Hazard Zones are designated by the United States Geological Responsibility Survey. Appraisers who perform appraisals for VA in affected areas must be familiar with these zones. b. Property Properties in Zones 1 and 2 are not eligible for appraisal.	VA_Guidelines.txt
c8f4e461-98f9-4375-b3ce-c7e288bf640e	If the appraiser Eligibility finds that a property on which an appraisal has been ordered is located in Zone 1 or 2, the appraiser must stop work and promptly notify the lender. c.	VA_Guidelines.txt
ad413764-0064-4231-a6c8-6f7cbda66e72	Market If the property is in a Lava Flow Hazard Zone other than Zone 1 or 2, the Value to be appraiser must report the zone information in the appraisal and analyze the Considered effect on market value. 12-15 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 11. Non-Residential Use Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
c6d994a8-e116-4aa6-a296-9e6bf368f954	Eligibility A property that has both a residential and business use may be eligible for loan Considerations guaranty if: • the property is primarily for residential use, • the non-residential use does not impair the residential character, • the property contains no more than one business unit, and • the property is legally permitted and conforms to current zoning, or is a legal, non-conforming	VA_Guidelines.txt
7e653408-dc98-4bd8-b383-7c72ced39516	to current zoning, or is a legal, non-conforming use that is accepted by the local authority	VA_Guidelines.txt
d12530eb-ae54-4797-9efa-7d191736ace3	. b.	VA_Guidelines.txt
659b511a-8fbc-4e17-a4f6-11dd78930f42	No Value to No value may be given to the business operations or commercial fixtures in Business or the appraisal. Commercial Property 12-16 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 12. Zoning Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Zoning The property must comply with all applicable zoning ordinances. Compliance b.	VA_Guidelines.txt
e59b9a25-6955-4c73-9045-5ba4d20a6ad1	Compliance b. Legal, Non- If the property does not comply with current zoning ordinances, but is Conforming accepted by the local authority, the appraiser must describe the property as Use “Legal Non-Conforming” and comment on the property’s marketability and any adverse effect this classification may have on value.	VA_Guidelines.txt
fde71316-99ea-48cd-8707-1dbda311e198	The appraiser must state whether or not the dwelling may be legally rebuilt if destroyed. 12-17 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 13. Local Housing/Planning Authority Code Enforcement Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
852e46d0-84c6-454f-b05d-9a2bb7c7f099	Local If the property is located in an area where specific local housing/planning Authority authority code requirements are enforced in conjunction with the sale of Requirements homes, the appraiser must describe the requirements in the appraisal report. b.	VA_Guidelines.txt
5d7fc303-bb65-4bc5-81d8-3833fd63ce4d	Repairs If the appraiser is aware of any repairs that will be required due to local code Required by a enforcement, for example, the removal of unpermitted improvements, the Local appraiser must prepare the appraisal subject to these repairs. Authority 12-18 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 14.	VA_Guidelines.txt
61941efc-7454-4db7-bcea-4cab441e47ba	Utilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Electricity Each living unit must have electricity for lighting and for necessary equipment. b. Appraiser Since the appraiser does not perform any operational checks of mechanical Not systems or appliances, the utilities are not required to be turned on when the Conducting appraiser visits the property.	VA_Guidelines.txt
eb49e0ed-1428-4b23-953b-b83de176e08a	Operational Checks c. Electrical Any visible frayed or exposed electrical wires must be repaired. Wires d.	VA_Guidelines.txt
923a1f0f-22b8-462d-919f-848b57c6570a	Utilities for Utility services must be independent for each living unit, except Living Units • units in a two to four-unit property may share water, sewer, gas, or electricity as long as there are separate service shut-offs for each unit, and • units under separate ownership may share connections from the main to the building line when those connections are protected by an easement and a	VA_Guidelines.txt
89fd1266-10af-472d-8872-b273fd17b941	connections are protected by an easement and a maintenance agreement acceptable to VA	VA_Guidelines.txt
e284ba26-2df6-439b-9a6d-304f0b0df1b7	. e.	VA_Guidelines.txt
25dc73e8-b9fa-4cf9-8c34-337c6531f3c3	Access for Individual utilities serving one living unit shall not pass over, under, or Maintenance through another living unit unless there is a legal provision for a permanent and Repair right of access for maintenance and repair of the utilities without trespass on adjoining properties. 12-19 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15.	VA_Guidelines.txt
7cba319a-4fe6-4860-9e26-f932fc5cae6d	Water Supply and Sanitary Facilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Water and The property must have: Sewer • a continuous supply of safe and potable water for drinking, bathing, showering and sanitary uses, • hot water, • sanitary facilities, and • a safe method of sewage disposal. b.	VA_Guidelines.txt
13239c1d-1aba-4d69-b8a3-2308055f7c0c	Safe Given the importance of safe drinking water, appraisers must ensure that Drinking accurate water supply information is reported in the appraisal and the Staff Water Appraisal Reviewer (SAR) must condition the NOV appropriately. If the appraiser is aware of any issues regarding the water supply, the appraiser must comment in the appraisal. c.	VA_Guidelines.txt
cb247494-19c7-44c8-ba6b-5cebffb70cbe	Market Appraisers must comment and adjust for any market reaction discovered as a Value result of water contamination, as well as any environmental stigma. Considerations d. Filtration of Proper mitigation of lead contaminated water must include a central filtering Water system which filters all water that could serve the property’s occupants.	VA_Guidelines.txt
24676086-462e-401a-b90a-22d86c9593ed	When public water must be filtered, the requirements for individual water filtering under Topic 17, Subsection d of this Chapter including a Veteran’s acknowledgement, must be applied. Information about water filtration is available at http://www.nsf.org/newsroom/consumer-guide-to-nsf- international-certified-lead-filtration-devices.	VA_Guidelines.txt
c46c376b-12bf-4040-b21e-07a9e16b72e6	Continued on next page 12-20 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15. Water Supply and Sanitary Facilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
4c47139e-f730-4fbd-96fc-f9747e3847cf	Water and The property must have: Sewer • a continuous supply of safe and potable water for drinking, bathing, showering and sanitary uses, • hot water, • sanitary facilities, and • a safe method of sewage disposal. b.	VA_Guidelines.txt
5fa94650-9b63-48dc-a3e1-a3cc067019d0	Safe Given the importance of safe drinking water, appraisers must ensure that Drinking accurate water supply information is reported in the appraisal and the Staff Water Appraisal Reviewer (SAR) must condition the NOV appropriately. If the appraiser is aware of any issues regarding the water supply, the appraiser must comment in the appraisal. c.	VA_Guidelines.txt
e6b6df8f-f064-4564-b561-4f484d798267	Market Appraisers must comment and adjust for any market reaction discovered as a Value result of water contamination, as well as any environmental stigma. Considerations d. Filtration of Proper mitigation of lead contaminated water must include a central filtering Water system which filters all water that could serve the property’s occupants.	VA_Guidelines.txt
ff832ce4-0226-4aed-9515-03952707d87d	When public water must be filtered, the requirements for individual water filtering under Topic 17, Subsection d of this Chapter including a Veteran’s acknowledgement, must be applied. Information about water filtration is available at http://www.nsf.org/newsroom/consumer-guide-to-nsf- international-certified-lead-filtration-devices.	VA_Guidelines.txt
5a84aa55-4769-411f-ac1f-7c0a5f2bc2bd	Continued on next page 12-20 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15. Water Supply and Sanitary Facilities, continued e. Individual If the property has an individual water supply see Topic 17 of this Chapter for Water Supply additional requirements. f.	VA_Guidelines.txt
0c7dc7b0-1337-481a-b17b-5943bd1f5424	Individual If the property has an individual sewer supply see Topic 18 of this Chapter for Sewer Supply additional requirements. g.	VA_Guidelines.txt
27fd7b63-5ec8-4e24-9f14-34ea76758e46	Connection If public water or sewer is available and the local authority mandates Mandated by connection, the appraiser must prepare the appraisal “subject to” connection. a Local Authority 12-21 UGH VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 16. Individual Water Supply Change Date March 28, 2019 • This chapter has been revised in its entirety. a.	VA_Guidelines.txt
793c113a-0748-4141-a779-47109aa16683	Health Water quality for an individual water supply must meet the requirements of the Authority health authority having jurisdiction. If the local authority does not have Requirements specific requirements, the guidelines established by the Environmental Protection Agency (EPA) will apply.	VA_Guidelines.txt
2dec6c87-53ad-4a63-8d24-6548834412ce	Additional information is available at the following websites: https://www.epa.gov/privatewells/private-drinking- water-well-programs-your-state and https://www.cdc.gov/healthywater/drinking/private/wells/testing.html. b. Third Party All testing must be performed by a disinterested third party. This includes Testing collecting and transporting the water sample from the water supply source.	VA_Guidelines.txt
21a8f2b9-a71c-4b32-a52d-778b51c84075	The sample may be collected and tested by the local health authority, a commercial testing laboratory, a licensed sanitary engineer, or other party that is acceptable to the local health authority. At no time will the Veteran or other interested party collect and/or transport the sample. c.	VA_Guidelines.txt
2fbd2c17-5f53-48e3-aa40-580ad88bbc24	Conditions The appraiser must comment in the appraisal and the Veteran must Requiring a acknowledge awareness in writing when the water to the property is: Veteran’s Signed • supplied by dug wells, cisterns, or holding tanks used in conjunction Statement with water purchased and hauled to the site, • provided with a mechanical chlorinator, • provided through springs, lakes, rivers, sand-point or	VA_Guidelines.txt
3486581d-c88e-4422-a2c3-71b37dde29ca	through springs, lakes, rivers, sand-point or artesian wells, or • supplied with a rainwater catchment system	VA_Guidelines.txt
cea21099-3794-4a9e-8c3b-a1f20521b5a8	. d.	VA_Guidelines.txt
64a49bfc-0955-490f-9af3-3d4d57dd8cbf	Water If the property has a water filtration system, the Veteran must acknowledge in Filtration writing that the water must be continuously treated as required by the local System health authority to be considered safe for human consumption and for this to be effective, the system must be inspected and maintained to include filter replacements per the manufacturers’ recommendations.	VA_Guidelines.txt
4100a491-befb-4fee-b3f3-90015c59e023	Continued on next page 12-22 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 16. Individual Water Supply, continued e. Distance The appraiser must be familiar with the minimum distance requirements Requirements between private wells and sources of pollution.	VA_Guidelines.txt

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Appraisal The appraiser must provide a written narrative format or a commercially Requirements available vacant land appraisal form. Like all VA appraisals, the appraisal must meet USPAP.

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The appraisal report must include: • property address • legal description • owner of record • assessment and property tax information • property rights appraised • site size • zoning • highest and best use • shape • topography • drainage • availability of utilities • flood zone information • estimated cost of razing any existing improvements which must be considered in market approach •

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which must be considered in market approach • comparable sales grid with three comparable sales, adjusted to indicate the estimated market value of the subject property • Assumptions and Limiting Conditions, and Appraiser Certifications 11-33 Chapter 12 Minimum Property Requirement Overview This chapter contains the following topics

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In this Chapter Topic Topic Name See Page 1 Minimum Property Requirement Procedures 12-3 2 Marketable Real Estate Entity 12-5 3 Space Requirements 12-6 4 Access 12-7 5 Encroachments 12-9 6 Drainage and Topography 12-10 7 Geological or Soil Instability, Subsidence, and Sinkholes 12-11 8 Special Flood Hazard Area 12-13 9 Coastal Barrier Resources System 12-14 10 Lava Flow Hazard Areas 12-15 11

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System 12-14 10 Lava Flow Hazard Areas 12-15 11 Non-Residential Use 12-16 12 Zoning 12-17 13 Local Housing/Planning Authority Code Enforcement 12-18 14 Utilities 12-19 15 Water Supply and Sanitary Facilities 12-20 16 Individual Water Supply 12-22 17 Individual Sewage Disposal 12-24 18 Shared Wells 12-25 19 Community Water Supply/Sewage Disposal Requirements 12-26 20 Hazards 12-27 21 Defective

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Requirements 12-26 20 Hazards 12-27 21 Defective Conditions 12-28 22 Mechanical Systems 12-29 23 Heating 12-30 24 Leased Mechanical Systems and Equipment 12-31 25 Alternative Energy Equipment 12-32 Continued on next page VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1

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Minimum Property Requirement Procedures, continued a.

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MPRs, continued Topic Topic Name See Page 26 Roof Covering 12-33 27 Attics 12-34 28 Crawl Space 12-35 29 Basements 12-36 30 Swimming Pools 12-37 31 Burglar Bars 12-38 32 Lead-Based Paint 12-39 33 Wood Destroying Insects/Fungus/Dry Rot 12-40 34 Radon Gas 12-42 35 Potential Environmental Problem 12-43 36 Stationary Storage Tanks 12-44 37 Mineral, Oil and Gas Reservations or Leases 12-45 38 High

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Oil and Gas Reservations or Leases 12-45 38 High Voltage Electric Transmission Lines 12-46 39 High Pressure Gas and Liquid Petroleum Pipelines 12-47 40 Properties Near Airports 12-48 41 Manufactured Home Classified as Real Estate 12-49 42 Modular Homes 12-50 43 Energy Conservation and Sustainability 12-51 44 Requests for Waiver of MPR Repairs 12-52 12-2 VA Pamphlet 26-7, Revised Chapter 12:

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12-52 12-2 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1

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Minimum Property Requirement Procedures Change Date October 18, 2019 • This chapter has been revised in its entirety. a. MPRs VA has established Minimum Property Requirements (MPRs) to protect the interests of Veterans, lenders, servicers, and VA. Properties must meet these requirements prior to guaranty of the loan by VA. b.

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Appraisal is While VA-assigned fee appraisers must note any readily apparent repairs that Not a Home are needed, it is important to distinguish the differences between a real estate Inspection appraisal and a home inspection report. The fee appraiser will not perform operational checks of mechanical systems or appliances.

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The fee appraiser estimates the value of the property to ensure that it is sufficient for the amount of the proposed loan. c. Safe, Sound, MPRs help ensure that the property is safe, structurally sound, and sanitary. Sanitary The scope of MPRs also includes issues related to the property’s location and legal considerations. d.

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Appraisal The appraiser will prepare origination appraisals “subject to” the completion Subject to of any MPR repairs that appear to be needed and include the contributory Repairs to value of the completed repairs in the estimated market value. Liquidation meet MPRs appraisals are prepared “as-is” (see Chapter 11, Topic 20 of this Handbook). e.

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Recommend Appraisers must not prepare appraisals subject to inspections. The appraiser Repairs, Not must recommend repairs, not inspections, for any conditions that do not appear Inspections to meet MPRs. f.

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Cosmetic The appraiser should not recommend repairs of cosmetic items, items Items involving minor deferred maintenance or normal wear and tear, or items that are inconsequential in relation to the overall condition of the property.

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While minor repairs should not be recommended, the appraiser should consider these items in the overall condition rating when estimating the market value of the property. Continued on next page 12-3 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1. Minimum Property Requirement Procedures Change Date October 18, 2019 • This chapter has been revised in its entirety. a.

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MPRs VA has established Minimum Property Requirements (MPRs) to protect the interests of Veterans, lenders, servicers, and VA. Properties must meet these requirements prior to guaranty of the loan by VA. b.

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Appraisal is While VA-assigned fee appraisers must note any readily apparent repairs that Not a Home are needed, it is important to distinguish the differences between a real estate Inspection appraisal and a home inspection report. The fee appraiser will not perform operational checks of mechanical systems or appliances.

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The fee appraiser estimates the value of the property to ensure that it is sufficient for the amount of the proposed loan. c. Safe, Sound, MPRs help ensure that the property is safe, structurally sound, and sanitary. Sanitary The scope of MPRs also includes issues related to the property’s location and legal considerations. d.

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Appraisal The appraiser will prepare origination appraisals “subject to” the completion Subject to of any MPR repairs that appear to be needed and include the contributory Repairs to value of the completed repairs in the estimated market value. Liquidation meet MPRs appraisals are prepared “as-is” (see Chapter 11, Topic 20 of this Handbook). e.

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Recommend Appraisers must not prepare appraisals subject to inspections. The appraiser Repairs, Not must recommend repairs, not inspections, for any conditions that do not appear Inspections to meet MPRs. f.

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Cosmetic The appraiser should not recommend repairs of cosmetic items, items Items involving minor deferred maintenance or normal wear and tear, or items that are inconsequential in relation to the overall condition of the property.

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While minor repairs should not be recommended, the appraiser should consider these items in the overall condition rating when estimating the market value of the property. Continued on next page 12-3 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 1. Minimum Property Requirement Procedures, continued g.

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Detached Detached sheds or other improvments on the site may be included in value if Improvements the improvement meets VA’s MPRs. If the improvement does not meet MPRs it must be excluded from value. If the improvement presents a health or safety hazard, the appraisal must be completed subject to the removal of the improvement. h.

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Home After an origination appraisal is completed, the Notice of Value (NOV) that is Inspection issued to the Veteran includes a recommendation that the Veteran may wish to Recommended obtain a home inspection (see Chapter 13, Appendix A of this Handbook). i.

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Local Information about MPRs concerning properties in specific locations are listed Requirements by state at http://www.benefits.va.gov/HOMELOANS/appraiser_cv_local_req.asp. j. SAH Additional MPRs apply to Specially Adapted Housing (SAH) program cases.

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The Regional Loan Center (RLC) of jurisdiction should be contacted for assistance with SAH questions. 12-4 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 2. Marketable Real Estate Entity Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Single Real The property must be a single, readily marketable, real estate entity. Estate Entity b.

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Estate Entity b. Multiple More than one parcel or lot may be included as long as all of the property is Parcels contiguous and legally marketable. VA does not set a limit on the number of acres that the property may have. If the property being appraised includes more than one parcel, the appraisal must be prepared subject to placing all of the parcels on one deed. c.

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Road or If a property is divided by a road or waterway, the appraiser must determine Waterway the effect on the utility of the property to ensure that the property is a readily Dividing the marketable, real estate entity. Property 12-5 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 3.

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Space Requirements Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Space Each living unit must have sufficient space for: Requirements • living, • sleeping, • cooking and dining, and • sanitary facilities. b.

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Non- Non-standard house styles which may be unique in a market area, for example, Standard log houses, earth sheltered houses, dome houses, and houses with lower than Construction normal ceiling heights, must meet any local building codes. The appraiser must consider the marketability of the home in the appraisal. 12-6 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 4.

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Access Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Street Each property must be provided with a safe and adequate pedestrian or Access vehicular access from a public or private street with an all-weather surface. b.

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Private Private roads must be: Road Requirements • protected by a permanent easement, and • maintained by a homeowners association or joint maintenance agreement. c. If a maintenance agreement does not exist, every effort should be made to Maintenance obtain the agreement of all owners of properties on the private road to share Agreement the cost of maintaining the road. Signatures d.

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Signatures d. RLC In the absence of an agreement signed by all owners, particularly those of Approval properties located between the subject property and the public road, an Required if agreement by a Veteran to accept responsibility for a disproportionate share of the Veteran is the road must be reasonable in regards to the distance from the subject Accepting property to the public road.

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The RLC of jurisdiction must be contacted in order Additional to approve the agreement. VA will not accept an agreement in which the Responsibility Veteran accepts sole responsibility for maintaining an unreasonable distance of the private road as this could create a burden for the Veteran as well as future property owners. e.

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Private If private street maintenance is covered in the organizational documents for a Street in PUD planned unit development (PUD) or condominium, or by state law, the NOV or may be issued without a requirement for further documentation. Condominium f. Easements Each living unit must be accessible without passing through any other living Must Run with unit or trespassing on adjoining properties.

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Any easements required must run the Land with the land. Continued on next page 12-7 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 4. Access, continued g. Backyard Access to the backyard must be provided without passing through any other Access living unit.

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For a row-type dwelling, the access may be by means of • an alley, • easement, or • passing through the subject dwelling. h. Exterior Adequate space to perform maintenance of the exterior walls must be present Wall Access between buildings. i.

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Property A building constructed on or next to a property line must be separated from the Constructed adjoining building by a wall extending the full height of the building from the Adjacent to foundation to the ridge of the roof. Another Property Line 12-8 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 5.

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Encroachments Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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The appraiser must report any apparent encroachments of the subject’s Encroachments dwelling, garage, or other improvements onto an adjacent property, right-of- way, utility easement, or building restriction line and any apparent encroachments of a neighboring dwelling, garage, or other improvements onto the subject property. b.

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Prompt The appraiser must notify the lender of the encroachment promptly to provide Notification as much time as possible to resolve the issue. 12-9 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 6. Drainage and Topography Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Grading The site must be graded so that it • provides positive, rapid drainage away from the perimeter walls of the dwelling, and • prevents ponding of water on the site. b. The appraiser must report any danger due to topographic conditions, such as Topographic mudslides from adjoining properties, falling rocks, or avalanches.

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Conditions 12-10 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 7. Geological or Soil Instability, Subsidence, and Sinkholes Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Soil The appraiser must report any readily observable soil conditions of the site, Conditions and other physical features that affect the value of the site.

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The appraiser should also consider any published reports regarding the instability of the soil and surface support of the land concerning the subject and nearby properties. The appraiser must consider any effect on the estimated market value of the property. b.

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Subsidence Subsidence may be encountered where homes are constructed on uncontrolled fill or unsuitable soil, in locations near mining activity or extraction of subsurface minerals (to include fracking), or where the subsoil or subsurface is unstable and subject to slippage or expansion. Signs of subsidence may include cracks in the terrain, sinkholes, foundation damage or settlement problems. c.

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Dangerous The appraiser must report any probable or imminent danger of subsidence or Subsidence or sinkholes. Depending on the extent of the problem, it could be considered a Sinkholes hazard (see Topic 20 of this Chapter) which would make the property ineligible. The appraiser must notify the lender promptly when a hazardous condition is found. d.

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Repairs by If a settlement problem that does not have the severity of a hazard is apparent, Contractor the appraisal must be prepared “subject to repair” by a licensed contractor (for example, step-cracks in an exterior wall, or cracked flooring with significant vertical displacement). e.

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Hairline Minor hairline cracks due to expansion or normal settlement that are common Cracks in the market area do not typically require repair. Continued on next page 12-11 Continued from previous page 12-11 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 7. Geological or Soil Instability, Subsidence, and Sinkholes, continued f.

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New or For new or proposed construction properties, in areas that have a history of Proposed geological or soil instability, the builder must submit either: Property • a certification that to the best of the builder’s knowledge and belief, any geological or soil-related hazard has been compensated for in the engineering design of the improvements and no portion of the construction will rest on

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and no portion of the construction will rest on fill, or • evidence from a qualified geologist or engineer that the subject site either does not present unusual geological soils-related hazards or such hazards have been compensated for in the engineering design of the improvements

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. (Qualified geologists are state licensed or are a member of a national or state organization which requires responsibility, experience, education and demonstrated ability in the field of engineering geology.) 12-12 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 8.

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Special Flood Hazard Area Change Date October 18, 2019 • This chapter has been revised in its entirety. a. Flood Properties located in a FEMA Special Flood Hazard Area (SFHA) must be Insurance covered by a flood insurance policy. Properties located in a SFHA are not eligible if flood insurance is not available. b.

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Regular Based on the appraiser’s knowledge of the market area, properties that are Flooding subject to regular flooding are not eligible, whether or not the area has been designated an SFHA. c. Verification While appraisers must provide flood zone information on the appraisal report, of Flood Zone flood zone maps do not typically indicate the location of specific properties.

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Lenders are responsible for verifying the flood zone information. d. Flood SFHAs are usually designated Zones A, AO, AH, A1-A30, AE, A99, AR, Zones AR/AE, AR/AO, AR/A1-A30, AR/A, V, VE, and V1-V30. Flood insurance is not required in Zones B, C, X, and D. e.

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Excluding At the Veteran’s request, non-residential improvements such as detached Non- garages and small sheds may be excluded from the flood insurance policy if Residential they are also excluded from the appraised value. The cost of flood insurance Improvements with and without coverage for the detached building should be compared as excluding a detached building may not be worthwhile. f.

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Private Veterans may elect to obtain private flood insurance instead of obtaining flood Flood insurance through the National Flood Insurance Program. Insurance 12-13 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 9. Coastal Barrier Resources System Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Eligibility Properties located in Coastal Barrier Resources System (CBRS) areas are not eligible for an appraisal. b. Appraiser Appraisers who perform appraisals for VA near the Atlantic Ocean, the Great Responsibilities Lakes, the Gulf of Mexico, or the Caribbean Sea must be familiar with any CBRS areas.

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If the appraiser finds that a property on which an appraisal has been ordered is located in a CBRS area, the appraiser must stop work and promptly notify the lender. 12-14 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 10. Lava Flow Hazard Zones Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Appraiser Lava Flow Hazard Zones are designated by the United States Geological Responsibility Survey. Appraisers who perform appraisals for VA in affected areas must be familiar with these zones. b. Property Properties in Zones 1 and 2 are not eligible for appraisal.

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If the appraiser Eligibility finds that a property on which an appraisal has been ordered is located in Zone 1 or 2, the appraiser must stop work and promptly notify the lender. c.

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Market If the property is in a Lava Flow Hazard Zone other than Zone 1 or 2, the Value to be appraiser must report the zone information in the appraisal and analyze the Considered effect on market value. 12-15 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 11. Non-Residential Use Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Eligibility A property that has both a residential and business use may be eligible for loan Considerations guaranty if: • the property is primarily for residential use, • the non-residential use does not impair the residential character, • the property contains no more than one business unit, and • the property is legally permitted and conforms to current zoning, or is a legal, non-conforming

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to current zoning, or is a legal, non-conforming use that is accepted by the local authority

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. b.

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No Value to No value may be given to the business operations or commercial fixtures in Business or the appraisal. Commercial Property 12-16 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 12. Zoning Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Zoning The property must comply with all applicable zoning ordinances. Compliance b.

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Compliance b. Legal, Non- If the property does not comply with current zoning ordinances, but is Conforming accepted by the local authority, the appraiser must describe the property as Use “Legal Non-Conforming” and comment on the property’s marketability and any adverse effect this classification may have on value.

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The appraiser must state whether or not the dwelling may be legally rebuilt if destroyed. 12-17 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 13. Local Housing/Planning Authority Code Enforcement Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Local If the property is located in an area where specific local housing/planning Authority authority code requirements are enforced in conjunction with the sale of Requirements homes, the appraiser must describe the requirements in the appraisal report. b.

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Repairs If the appraiser is aware of any repairs that will be required due to local code Required by a enforcement, for example, the removal of unpermitted improvements, the Local appraiser must prepare the appraisal subject to these repairs. Authority 12-18 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 14.

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Utilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Electricity Each living unit must have electricity for lighting and for necessary equipment. b. Appraiser Since the appraiser does not perform any operational checks of mechanical Not systems or appliances, the utilities are not required to be turned on when the Conducting appraiser visits the property.

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Operational Checks c. Electrical Any visible frayed or exposed electrical wires must be repaired. Wires d.

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Utilities for Utility services must be independent for each living unit, except Living Units • units in a two to four-unit property may share water, sewer, gas, or electricity as long as there are separate service shut-offs for each unit, and • units under separate ownership may share connections from the main to the building line when those connections are protected by an easement and a

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connections are protected by an easement and a maintenance agreement acceptable to VA

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. e.

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Access for Individual utilities serving one living unit shall not pass over, under, or Maintenance through another living unit unless there is a legal provision for a permanent and Repair right of access for maintenance and repair of the utilities without trespass on adjoining properties. 12-19 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15.

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Water Supply and Sanitary Facilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a. Water and The property must have: Sewer • a continuous supply of safe and potable water for drinking, bathing, showering and sanitary uses, • hot water, • sanitary facilities, and • a safe method of sewage disposal. b.

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Safe Given the importance of safe drinking water, appraisers must ensure that Drinking accurate water supply information is reported in the appraisal and the Staff Water Appraisal Reviewer (SAR) must condition the NOV appropriately. If the appraiser is aware of any issues regarding the water supply, the appraiser must comment in the appraisal. c.

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Market Appraisers must comment and adjust for any market reaction discovered as a Value result of water contamination, as well as any environmental stigma. Considerations d. Filtration of Proper mitigation of lead contaminated water must include a central filtering Water system which filters all water that could serve the property’s occupants.

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When public water must be filtered, the requirements for individual water filtering under Topic 17, Subsection d of this Chapter including a Veteran’s acknowledgement, must be applied. Information about water filtration is available at http://www.nsf.org/newsroom/consumer-guide-to-nsf- international-certified-lead-filtration-devices.

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Continued on next page 12-20 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15. Water Supply and Sanitary Facilities Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Water and The property must have: Sewer • a continuous supply of safe and potable water for drinking, bathing, showering and sanitary uses, • hot water, • sanitary facilities, and • a safe method of sewage disposal. b.

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Safe Given the importance of safe drinking water, appraisers must ensure that Drinking accurate water supply information is reported in the appraisal and the Staff Water Appraisal Reviewer (SAR) must condition the NOV appropriately. If the appraiser is aware of any issues regarding the water supply, the appraiser must comment in the appraisal. c.

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Market Appraisers must comment and adjust for any market reaction discovered as a Value result of water contamination, as well as any environmental stigma. Considerations d. Filtration of Proper mitigation of lead contaminated water must include a central filtering Water system which filters all water that could serve the property’s occupants.

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When public water must be filtered, the requirements for individual water filtering under Topic 17, Subsection d of this Chapter including a Veteran’s acknowledgement, must be applied. Information about water filtration is available at http://www.nsf.org/newsroom/consumer-guide-to-nsf- international-certified-lead-filtration-devices.

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Continued on next page 12-20 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 15. Water Supply and Sanitary Facilities, continued e. Individual If the property has an individual water supply see Topic 17 of this Chapter for Water Supply additional requirements. f.

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Individual If the property has an individual sewer supply see Topic 18 of this Chapter for Sewer Supply additional requirements. g.

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Connection If public water or sewer is available and the local authority mandates Mandated by connection, the appraiser must prepare the appraisal “subject to” connection. a Local Authority 12-21 UGH VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 16. Individual Water Supply Change Date March 28, 2019 • This chapter has been revised in its entirety. a.

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Health Water quality for an individual water supply must meet the requirements of the Authority health authority having jurisdiction. If the local authority does not have Requirements specific requirements, the guidelines established by the Environmental Protection Agency (EPA) will apply.

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Additional information is available at the following websites: https://www.epa.gov/privatewells/private-drinking- water-well-programs-your-state and https://www.cdc.gov/healthywater/drinking/private/wells/testing.html. b. Third Party All testing must be performed by a disinterested third party. This includes Testing collecting and transporting the water sample from the water supply source.

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The sample may be collected and tested by the local health authority, a commercial testing laboratory, a licensed sanitary engineer, or other party that is acceptable to the local health authority. At no time will the Veteran or other interested party collect and/or transport the sample. c.

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Conditions The appraiser must comment in the appraisal and the Veteran must Requiring a acknowledge awareness in writing when the water to the property is: Veteran’s Signed • supplied by dug wells, cisterns, or holding tanks used in conjunction Statement with water purchased and hauled to the site, • provided with a mechanical chlorinator, • provided through springs, lakes, rivers, sand-point or

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through springs, lakes, rivers, sand-point or artesian wells, or • supplied with a rainwater catchment system

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. d.

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Water If the property has a water filtration system, the Veteran must acknowledge in Filtration writing that the water must be continuously treated as required by the local System health authority to be considered safe for human consumption and for this to be effective, the system must be inspected and maintained to include filter replacements per the manufacturers’ recommendations.

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Continued on next page 12-22 VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 16. Individual Water Supply, continued e. Distance The appraiser must be familiar with the minimum distance requirements Requirements between private wells and sources of pollution.

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