Appraisal form number for condominium property

Question

Accepted Answer

The appraisal form number for a condominium property is typically the URAR form 1004.

The appraisal form number for a condominium property is usually the URAR form 1004.
The appraisal form number may vary depending on the specific requirements of the lender or appraisal management company.
It is important to ensure that the appraisal form used is appropriate for condominium properties.

Accepted Answer

Your statements about appraisal forms are accurate. The URAR Form 1004 is commonly used for single-family residences and might also be used for condominiums in certain cases. However, for condominium properties, appraisers often use the URAR Form 1073, which is specifically designed for condominiums. It's essential to confirm the correct form with the lender or appraisal management company to ensure compliance with their specific requirements.

Appraisal form number for condominium property

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