VA Pamphlet 26-7 Chapter 12, Topic 13: Local Housing/Planning Authority Code Enforcement

Document
VA Lender's Handbook, VA Pamphlet 26-7
Version in Zeitro Strata
Where
page 299 of 461

Page 299

Topic 13. Local Housing/Planning Authority Code Enforcement

March 28, 2019

This Chapter has been revised in its entirety.

a. Local Authority Requirements

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

b. Repairs Required by a Local Authority

If the appraiser is aware of any repairs that will be required due to local code enforcement, for example, the removal of unpermitted improvements, the appraiser must prepare the appraisal subject to these repairs.

Guideline text quoted as published by the agency. The latest published version governs. This is not an underwriting decision.