What are UAD requirements?

The Uniform Appraisal Dataset (UAD) is a key component of the UMDP, which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields.

What appraisal forms are UAD compliant?

UAD Compliance Information

Uniform Residential Appraisal Report (Fannie Mae Form 1004/Freddie Mac Form 70)
Individual Condominium Unit Appraisal Report (Fannie Mae Form 1073/Freddie Mac Form 465)
Exterior-Only Inspection Individual Condominium Unit Appraisal Report (Fannie Mae Form 1075/Freddie Mac Form 466)

What is a 1st generation appraisal?

What is a “first-generation PDF”? For the purposes of the UAD, a first-generation PDF is a PDF file of the appraisal report that is produced and embedded within the XML by the appraiser’s forms software before the appraisal is transmitted by the appraiser.

What is UAD in mortgage?

To improve the quality and consistency of appraisal data for loans delivered to the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, at the direction of the Federal Housing Finance Agency (FHFA), developed the Uniform Appraisal Dataset (UAD), which defines all fields required for an appraisal …

What is the biggest issue when creating GIS maps?

One of the biggest challenges to Web-based GIS development is how the data is delivered and how much efficiency I can get out of delivering the data a certain way. The biggest hurdle is that it is very hard to write code for something that requires a human to tweak.

What does GBA mean on an appraisal?

Gross Building Area
Commercial appraisals are not typically held to ANSI standards. Since commercial buildings are commonly traded for business occupancy or rental income, the industry accepted measurement unit is Gross Building Area (GBA). Gross building area typically includes all heated and cooled areas.

What UAD compliant?

The Uniform Appraisal Dataset (UAD) is a key component of the UMDP which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields.

Which is not an acceptable way to outline the subject’s neighborhood boundaries in a UAD compliant appraisal report?

Which is NOT an acceptable way to outline the subject’s neighborhood boundaries in a UAD-compliant appraisal report? According to the UAD, view descriptors such as “None”, “Average”, or “Typical” are unacceptable.

Is 1004C a UAD?

This includes the four UAD appraisal report forms and four additional forms: Uniform Residential Report (Fannie Mae Form 1004) Manufactured Home Appraisal Report (Fannie Mae Form 1004C) Small Residential Income Property Appraisal Report (Fannie Mae Form 1025)

What does SFWO mean?

SFWO

Acronym	Definition
SFWO	Sacramento Fish and Wildlife Office (US Fish and Wildlife Service; Sacramento, CA)
SFWO	Scaled Function Weighted Order (image processing)

What can GIS not do?

Large amounts of data: A GIS system stores extremely large amounts of data at any given time. This may create problems when it comes to analysis due to the complexity of the data and the risk of generalization. It also creates problems when it comes to interpretation.

Where would a GIS not be effective?

Without adequate data, GIS is not very useful. Specific problem areas include: accurate data on the disease and how it is reported; basic environmental data on vegetation, land uses, topography, rainfall, etc.; and demographic data on the movement of people.

What is an uniform residential appraisal?

A Uniform Residential Appraisal Report or URAR is one of the most common forms used in real estate appraisal which was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an “accessory unit”. It is also suitable for a building in a planned unit…

Does USPAP “require” adjustments?

While USPAP’s Scope of Work Rule mentions credible assignment results that require support by relevant evidence and logic, nowhere does Standards Rule 1 specifically mention adjustments. The Scope of Work in your report explains the type and extent of research and analyses in an appraisal but it does not mention how adjustments are made.

What is the Uniform Appraisal dataset?

Uniform Appraisal Dataset is a component of the Uniform Mortgage Data Program, an initiative undertaken by Fannie Mae and Freddie Mac (together known as the GSEs ) under the direction of the Federal Housing Finance Agency in the United States in order to comprehensively standardize mortgage loan data…

What is an uniform appraisal report?

Uniform Residential Appraisal Report. A Uniform Residential Appraisal Report or URAR is one of the most common forms used in real estate appraisal which was created to allow for standard reporting and analysis of single-family dwellings or single-family dwellings with an “accessory unit”.

What are UAD requirements? The Uniform Appraisal Dataset (UAD) is a key component of the UMDP, which defines all fields required for an appraisal submission for specific appraisal forms and standardizes definitions and responses for a key subset of fields. What appraisal forms are UAD compliant? UAD Compliance Information Uniform Residential Appraisal Report (Fannie Mae…