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Topic 9. Coastal Barrier Resources System
March 28, 2019
This Chapter has been revised in its entirety.
a. Eligibility
Properties located in Coastal Barrier Resources System (CBRS) areas are not eligible for an appraisal.
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b. Appraiser Responsibilities
Appraisers who perform appraisals for VA near the Atlantic Ocean, the Great Lakes, the Gulf of Mexico, or the Caribbean Sea must be familiar with any CBRS areas. 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.