Freddie Mac Single-Family Seller/Servicer Guide 5604.2 — Exhibits and addenda for appraisal reports and PDRs

Refer to Bulletin 2025-7, which announced the policy requirements for Uniform Appraisal Dataset (UAD) 3.6. Sellers may submit to the Uniform Collateral Data Portal® appraisal reports that use UAD 3.6 before the mandatory effective November 2, 2026 version of this section. This section contains: ■ Exhibit documentation requirements ■ Exhibits required for appraisal reports with interior and exterior inspections ■ Exhibits required for desktop appraisal reports ■ Exhibits required for hybrid appraisal reports ■ Exhibits required for appraisal reports with exterior-only inspections ■ Exhibits required for appraisal updates and completion reports ■ Other necessary exhibits and addenda for appraisal reports ■ Exhibits required for a PDR Each appraisal report must meet the applicable requirements and include the exhibits specified based on the type of property inspection or appraisal form type, as described below. Each PDR must meet the applicable requirements and include the exhibits specified, as described below. (a) Exhibit documentation requirements (i) Photographs Photographs of the subject property must be original color images that accurately depict the property. The photographs must be clear, be appropriately identified and clearly show the improvements, including any physical deterioration of the property, Amenities, conditions or external influences that have a material effect on the market value or marketability of the subject property. Photographs of the comparable sales must be clear images. Copies of multiple listing service photographs are acceptable. (ii) Building sketch and floor plan When required, the building sketch must include: ■ Perimeter dimensions with calculations that reflect the measured areas of the dwelling unit(s) ■ All levels of the dwelling unit(s) ■ A separate building sketch for each additional structure on the subject property ■ Exterior dimensions ■ Room labels, when applicable When required, the floor plan must include: ■ Interior walls ■ Doorways ■ Staircases ■ Exterior ingress/egress ■ Labels for each room, and ■ The dimensions of all exterior walls See Section 5605.5(c) for additional guidance on unusual floor plans.

(A) Requirements for building sketches, compliance with American National Standards Institute Standard, Square Footage – Method for Calculating: (ANSI® Z765) (ANSI Standard) for measuring the subject property and floor plan requirements Requirements for building sketches, compliance with the ANSI Standard for measuring the subject property and floor plans are in the table below. When ANSI-compliant measurement is required, the ANSI Standard that is current as of the appraisal report effective date, or the date of the PDR, must be utilized for measuring, calculating and reporting areas outlined in Section 5604.2(a)(ii)(B) below. ANSI compliance and floor plan requirements by property type Property type Appraisal form Inspection or data collection type Building sketch and measurement requirements Floor plan requirements 1-unit property, including: ■ In a Planned Unit Development (PUD) ■ With an ADU ■ Detached Condominium Units, if the appraiser includes information about the Condominium Project and its condition Excluding: ■ Manufactured Homes ■ Attached Condominium Units Form 70, Uniform Residential Appraisal Report Interior/ exterior ■ Building sketch required ■ ANSI-compliant measurement required3 Required when atypical1 Form 70D, Uniform Residential Appraisal Report (Desktop) None ■ Building sketch required. ■ ANSI-compliant measurement not required. Required Form 70H, Uniform Residential Appraisal Report (Hybrid) Interior/ exterior property data collection with a PDR ■ Building sketch required ■ ANSI-compliant measurement required3 Required when atypical1 Form 2055, ExteriorOnly Inspection Residential Appraisal Report Exterior Not required Required when atypical1 Condominium Unit, including: ■ Attached Units ■ Detached Units Form 465, Individual Condomini um Unit Appraisal Report Interior/ exterior ■ Building sketch required ■ ANSI-compliant measurement required for detached units only2,3 Required when atypical1 ANSI compliance and floor plan requirements by property type Property type Appraisal form Inspection or data collection type Building sketch and measurement requirements Floor plan requirements Form 465H, Individual Condomini um Unit Appraisal Report (Hybrid) Interior/ exterior property data collection with a PDR ■ Building sketch required ■ ANSI-compliant measurement required3 Required when atypical1 Form 466, ExteriorOnly Inspection Individual Condomini um Unit Appraisal Report Exterior Not required Required when atypical1 Manufactured Home, including in a: ■ PUD ■ Condominium Project Form 70B, Manufactu red Home Appraisal Report Interior/ exterior ■ Building sketch required ■ ANSI-compliant measurement required3 Required when atypical1 2- to 4-unit property, including a 2- or 3-unit property with an ADU Form 72, Small Residential Income Property Appraisal Report Interior/ exterior ■ Building sketch required and must include: ❑ Square feet of living area per unit and ❑ Gross building area ■ ANSI-compliant measurement not required2 Required when atypical1 ANSI compliance and floor plan requirements by property type Property type Appraisal form Inspection or data collection type Building sketch and measurement requirements Floor plan requirements Cooperative Share Loan, including: ■ Attached Units ■ Detached Units Fannie Mae Form 2090, Individual Cooperati ve Interest Appraisal Report Interior/ exterior ■ Building sketch required ■ ANSI-compliant measurement required2,3 Required when atypical1 Any, as required by the original appraisal Form 442, Appraisal Update and/or Completio n Report As required for assignment Not required Not required 1 Required if the subject property is atypical or functionally obsolete leading to limited market appeal in comparison with competitive properties in the Market Area. 2 Not required for a Condominium Unit or a Cooperative Unit in a garden, mid-rise or high-rise building or for apartment/multifamily buildings. Instead, the appraiser may measure the unit or building(s) or rely on the dimensions and estimates of square footage as shown on the plat, exhibits of Project Documents, floor plans or individual unit plats that include the dimensions and calculations. 3 When sketching or 3D scanning software is used, the resulting output must also conform to the ANSI Standard.

(B) Measurement terminology and appraisal reporting The following table lists the terms required for areas measured and calculated using the ANSI Standard and identifies where those identified areas are reported on the appraisal report forms. Measurement terminology and reporting Terms Description Appraisal reporting requirements1 Finished area Finished above-grade area as defined by the ANSI Standard. ■ Used for calculating and reporting living area ■ Rooms in the finished area must be included in the above-grade room count ■ Must be reported on the appraisal report in all Gross Living Area fields, including, as applicable: ❑ Improvements section ❑ Sales Comparison Approach grid ❑ Cost Approach Section Non-standard finished area (NSFA) Finished above-grade area that does not meet the ANSI Standard for finished area. Example: An area with a maximum ceiling height of six feet does not meet the ANSI Standard of having a minimum ceiling height of seven feet. ■ Must be reported as NSFA on the appraisal report on the first blank line of the Sales Comparison Approach adjustment grid, when applicable ■ Rooms located in NSFA must be included in the room counts in the Improvement section and in the Sales Comparison Approach grid of the appraisal report to comply with Uniform Appraisal Dataset requirements, when applicable ■ The FEATURE column of the Sales Comparison Approach grid must include “NSFA” when Measurement terminology and reporting Terms Description Appraisal reporting requirements1 used to report nonstandard finished area ■ There must be no other entries on this Sales Comparison Approach row when it is used to report NSFA Belowgrade/basement area, finished and unfinished area The ANSI Standard considers a level to be below grade if any portion of it is below grade, regardless of the quality of finish or the window area of any room. Therefore, any below-grade area, irrespective of whether the basement has finished area, would not be included in the above-grade finished area or room count. Below-grade finished and unfinished areas and rooms must be reported on the Basement & Finished Rooms Below Grade lines of the Sales Comparison Approach adjustment grid, when applicable. Above-grade unfinished area Above-grade area that is accessible from the interior finished area of the dwelling and does not meet the ANSI definition of finished area or nonstandard finished area. Example: An unfinished/storage area over an attached garage that is accessed from the hallway of the second floor of the dwelling. ■ These features and their associated finished and unfinished areas should be reported on the Additional Features field on page 1 of the appraisal report, and adjusted for in the Sales Comparison Approach grid, as appropriate ■ Measured areas must be reported separately from the primary dwelling’s measured areas, except for an attached ADU, which follows the ANSI Standard for finished and unfinished areas, as applicable Attached and detached ADUs ADU finished and unfinished areas, as defined by the ANSI Standard, must be measured and calculated using the ANSI Standard. Detached structures Detached structures that are independent of the Primary Residence are not measured and calculated using the ANSI Standard. 1The requirements for reporting the ANSI-measured areas (e.g., finished above-grade area, NSFA, etc.) in prescribed fields on the appraisal report do not apply to the PDR.

(C) ANSI adherence and declarations If adherence to the ANSI Standard is not possible, the appraisal report must include: ■ The identifier “GXX001-” at the beginning of the Additional Features field, ■ An explanation that addresses the lack of adherence, and ■ One of the ANSI-prescribed declarations that address departure from the ANSI Standard Examples that would require the use of an ANSI departure declaration include: ■ Dwelling measurements are made without an interior inspection ■ Area calculations for a proposed dwelling are based on plans and specifications ■ Direct physical measurement of the dwelling dimensions is not possible (iii) Location map The location map must identify the location of the subject property and of any comparable properties identified in the appraisal report, including closed sales, closed rentals and properties listed for sale or rent, as applicable. (b) Exhibits required for appraisals with interior and exterior inspections Appraisal reports with interior and exterior inspections (Forms 70, 70B, 72 and 465 and Fannie Mae Form 2090) must include: Exhibits required for appraisal reports with interior and exterior inspections Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Street scene identifying the location of the subject property and showing neighboring improvements ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property, including all gathering rooms ■ All basement areas of the subject property, including unfinished and finished areas ■ Additional photographs, as needed, to show any physical deterioration, improvements, Amenities, observed conditions or external influences that materially impact the market value or marketability of the subject property Photographs of comparable sales ■ At least one photograph that shows the front of each comparable sale ■ Additional photographs, as needed, to show the improvements, Amenities or external influences that materially impact the market value or marketability of the subject property Building sketch and floor plan Building sketch and floor plan that meets the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (c) Exhibits required for desktop appraisal reports Desktop appraisal reports (Form 70D) must include: Exhibits required for desktop appraisal reports Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property Exhibits required for desktop appraisal reports Exhibit Description ■ Street scene identifying the location of the subject property and showing neighboring improvements ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property Photographs of comparable sales At least one photograph that shows the front of each comparable sale Building sketch and floor plan Building sketch and floor plan that meets the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (d) Exhibits required for hybrid appraisal reports Hybrid appraisal reports (Forms 70H and 465H) must include: Exhibits required for hybrid appraisal report Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Street scene identifying the location of the subject property and showing neighboring improvements ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property, including all gathering rooms ■ All bedrooms of the subject property ■ All basement areas of the subject property, including all unfinished and finished areas ■ Additional photographs, as needed, to show any physical deterioration, improvements, Amenities, observed conditions or external influences that materially impact the market value or marketability of the subject property Exhibits required for hybrid appraisal report Exhibit Description Photographs of comparable sales At least one photograph that shows the front of each comparable sale. Note: A photograph from a multiple listing service is acceptable, and, notwithstanding the prohibition in Section 5603.4(8), the appraiser may rely on comparable sales that were not personally inspected by the appraiser. Building sketch and floor plan Building sketch and floor plan that meet the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (e) Exhibits required for appraisal reports with exterior-only inspections Appraisal report based on an exterior-only inspection (Forms 466 and 2055) must include: Exhibits required for appraisal reports with exterior-only inspections Exhibit Description Photographs of the subject property At least one photograph that shows the front view of the subject property Location map Location map that meets the requirements of Section 5604.2(a) (f) Exhibits required for appraisal updates and completion reports Appraisal updates and completion reports (Forms 442 and 400) must include: Exhibits required for appraisal updates and completion reports Form Description Appraisal Update (Form 442) Photographs of any factors that affect the value, condition or marketability of the subject property should be provided if not already part of the original appraisal report. Completion Report (Forms 442 and 400) ■ For an existing property subject to repairs or alterations, photographs that clearly identify the completion of repairs or alterations Exhibits required for appraisal updates and completion reports Form Description ■ For new or proposed construction (i.e., the construction has not started and the description of construction to be completed is based on plans and specifications and/or similar documentation) subject to completion, photographs, including: ❑ Front view of the subject property ❑ Rear view of the subject property ❑ Street scene identifying the location of the subject property and showing neighboring improvements ❑ Kitchen of the subject property ❑ All bedrooms of the subject property ❑ All bathrooms of the subject property ❑ All main living areas of the subject property, including all gathering rooms ❑ All basement areas of the subject property, including unfinished and finished areas ❑ For an existing Manufactured Home, either the HUD Data Plate or the HUD Certification Label(s); when both are present, the completion report must include both ❑ For a new Manufactured Home, both the HUD Data Plate and HUD Certification Label(s) ❑ CHOICEHome® notice, if applicable If the photographs in the original appraisal report accurately represent the subject property, new photographs of the subject property are not required. (g) Other necessary exhibits and addenda for appraisal reports The appraiser must provide any additional information or data that is needed to provide the lender/client with a credible and adequately supported appraisal. The Seller may request that the appraiser provide additional exhibits or addenda as part of the appraisal scope of work. Any exhibit or addenda must be incorporated into the appraisal report. (h) Exhibits required for a PDR The following exhibits must be included in the PDR: Exhibits required for a PDR Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Any sides of the subject property that are not wholly visible in the front or rear photographs ■ Street scene (both directions) identifying the location of the subject property and neighboring improvements ■ All interior rooms of the subject property including, but not limited to, foyer, kitchen, living room, bedrooms(s), bathroom(s), utility room, laundry room, basement (finished and unfinished areas), attic area accessed via a permanent staircase (finished and unfinished areas), etc. ■ Interior and exterior of any significant (permanently affixed) outbuildings on the subject site, including any ADU (not required from small sheds) ■ Any physical deterioration, improvements, Amenities and any observed conditions or external influences Building sketch and floor plan Building sketch and floor plan that meet the requirements in Section 5604.2(a)

(Future effective date 11/02/26) This section contains: ■ Exhibit documentation requirements ■ Exhibits required for Traditional Appraisal Reports ■ Exhibits required for Desktop Appraisal Reports ■ Exhibits required for Hybrid Appraisal Reports ■ Exhibits required for Exterior Appraisal Reports ■ Exhibits required for Restricted Appraisal Update Reports and completion reports ■ Other necessary exhibits for appraisal reports ■ Exhibits required for a PDR with ACE+ PDR or Hybrid Appraisal Reports Each appraisal report must meet the requirements and include the exhibits specified in this chapter for the property valuation method used by the appraiser. Each PDR used for either an ACE+ PDR or a Hybrid Appraisal Report must meet the requirements and include the exhibits specified below. (a) Exhibit documentation requirements (i) Photographs Photographs of the subject property must be original color images that accurately depict the property. The photographs must be clear, be appropriately identified and clearly show the improvements, including any apparent defects, damages or deficiencies of the property, Amenities, conditions or site influences that have a material effect on the market value or marketability of the subject property. Photographs of the comparable sales must be clear images. Copies of multiple listing service photographs are acceptable. (ii) Sketch and floor plan When required, the sketch must include: ■ Perimeter dimensions with calculations that reflect the measured areas of the dwelling unit(s) ■ All levels of the dwelling unit(s) ■ A separate sketch for each additional structure on the subject property ■ Exterior dimensions ■ Room labels, when applicable When required, the floor plan must include: ■ Interior walls ■ Doorways ■ Staircases ■ Exterior ingress/egress ■ Labels for each room, and ■ The dimensions of all exterior walls See Section 5605.5(c) for additional guidance on unusual floor plans.

(A) Requirements for sketches, compliance with American National Standards Institute Standard, Square Footage – Method for Calculating: (ANSI® Z765) (ANSI Standard) for measuring the subject property and floor plan requirements Requirements for sketches, compliance with the ANSI Standard for measuring the subject property and floor plans are in the table below. When ANSI-compliant measurement is required, the ANSI Standard that is current as of the appraisal report effective date, or the date of the PDR, must be utilized for measuring, calculating and reporting areas outlined in Section 5604.2(a)(ii)(B) below. Property valuation method Eligible property types Sketch and measurement requirements Floor plan requirements Traditional Appraisal Report - Interior/exterior inspection ■ 1-unit property, including: ❑ In a PUD ❑ With an ADU ■ Manufactured Home, including in a: ❑ PUD ❑ Condominium Project ■ Sketch required ■ ANSI-compliant measurement required3 Required when atypical1 ■ Condominium Unit, including: ❑ Attached units ❑ Detached units ■ Cooperative Unit, including: ❑ Attached units ❑ Detached units ■ Sketch required ■ ANSI-compliant measurement required for detached units only2,3 Property valuation method Eligible property types Sketch and measurement requirements Floor plan requirements 2- to 4-unit property, including a 2- to 3-unit property with an ADU ■ Sketch required and must include: ❑ Square feet of living area per unit and ❑ Gross building area ■ ANSI-compliant measurement not required2 Hybrid Appraisal Report - Interior/exterior property data collection with a PDR ■ 1-unit property, including: ❑ In a PUD ❑ With an ADU ■ Condominium Unit, including: ❑ Attached units ❑ Detached units ■ Sketch required ■ ANSI-compliant measurement required3 Required when atypical1 Desktop Appraisal Report - No inspection ■ 1-unit property, including: ❑ In a PUD ❑ With an ADU ■ Detached Condominium Units, if the appraiser includes information about the Condominium Project and its condition ■ Sketch required ■ ANSI-compliant measurement not required Required Exterior Appraisal Report - Exterior inspection ■ 1-unit property, including: ❑ In a PUD ❑ With an ADU ■ Condominium Unit, including: ❑ Attached units ❑ Detached units Not required Required when atypical1 Property valuation method Eligible property types Sketch and measurement requirements Floor plan requirements Restricted Appraisal Update Report - Inspection, as required for assignment All property types Not required Not required 1 Required if the subject property is atypical or functionally obsolete leading to limited market appeal in comparison with competitive properties in the Market Area. 2 Not required for a Condominium Unit or a Cooperative Unit in a low-rise, mid-rise or high-rise building or for apartment/multifamily buildings. Instead, the appraiser may measure the unit or building(s) or rely on the dimensions and estimates of square footage as shown on the plat, exhibits of Project Documents, floor plans or individual unit plats that include the dimensions and calculations. 3 When sketching or 3D scanning software is used, the resulting output must also conform to the ANSI Standard.

(B) Measurement terminology and appraisal reporting The following table lists the terms, description and reporting requirements for properties required to be measured using the ANSI Standard and identifies where in the appraisal report those areas must be reported. The ANSI Standard considers a level to be below grade if any portion of the level is below grade, regardless of the quality of finish or window area of any room. Therefore, any below grade area, irrespective of whether the below-grade area has finished area, nonstandard finished area or unfinished area must not be included in the above-grade area(s). Terms Description Appraisal reporting requirements1 Finished Area ■ Above Grade ■ Below Grade Finished area as defined by the ANSI Standard. When applicable, this area must be identified in the appraisal report as: ■ Finished Above Grade ■ Finished Below Grade Nonstandard Finished Area ■ Above Grade ■ Below Grade Finished area with direct interior access from within the dwelling that: When applicable, this area must be identified in the appraisal report as: Terms Description Appraisal reporting requirements1 ■ Does not conform to the ANSI Standard ceiling height requirements, or ■ Can be accessed only through an unfinished area (e.g., an unfinished hallway, a room, a staircase). ■ Finished Above Grade (Nonstandard) ■ Finished Below Grade (Nonstandard) The reason the area is identified as nonstandard must be included in the Unit Interior Commentary Field of the appraisal report. The appraisal report must include the above grade nonstandard finished area rooms in the Total Rooms, Bedrooms and Bath(s) count in compliance with the requirements of the Uniform Appraisal Dataset. Unfinished Area ■ Above Grade ■ Below Grade Area(s) of the dwelling that do not conform with the ANSI Standard definition of finished area. When applicable, unfinished area must be identified in the appraisal report as: ■ Unfinished Above Grade ■ Unfinished Below Grade Noncontinuous Finished Area: Above Grade Finished area, not designated as an ADU, attached to the dwelling with no direct interior access. E.g., a family room or other finished area attached to or above an attached garage that is only accessible through the garage. Noncontinuous finished area is reported separately in the Dwelling Exterior section of the appraisal report. Multiple noncontinuous areas in the dwelling are combined and reported in the appraisal report as a single entry. 1The requirements for reporting the ANSI-measured areas (e.g., finished above grade, noncontinuous finished area) in prescribed fields on the appraisal report do not apply to the PDR. Additional structures that are not attached to the primary dwelling and include finished areas must be reported separately from the primary dwelling’s nonstandard finished above grade areas.

(C) ANSI Standard adherence and declarations If adherence to the ANSI Standard is not possible, the measurement standard in the URAR must be described as “Other,” and the appraisal report must include the reason for the exception (i.e., not applicable due to property type, not applicable due to requirements of law). If adherence to the ANSI Standard applies with a declaration, the measurement standard in the URAR is “ANSI,” and the applicable declaration must be included in the sketch commentary section of the appraisal report Examples that would require the use of an ANSI declaration include: ■ Dwelling measurements are made without an interior inspection ■ Area calculations for a proposed dwelling are based on plans and specifications ■ Direct physical measurement of the dwelling dimensions is not possible (iii) Location map The location map must identify the location of the subject property and of any comparable properties identified in the appraisal report, including closed sales, closed rentals and properties listed for sale or rent, as applicable. (b) Exhibits required for Traditional Appraisal Reports Traditional Appraisal Reports must include: Exhibits required for Traditional Appraisal Reports Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Street scene identifying the location of the subject property and showing neighboring improvements ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property, including all gathering rooms ■ All below-grade areas of the subject property, including unfinished and finished areas ■ Additional photographs, as needed, to show any apparent defects, damages or deficiencies, improvements (e.g., outbuildings, views), Amenities, observed conditions or site influences that materially impact the market value or marketability of the subject property Photographs of comparable sales At least one photograph that shows the front of each comparable sale Sketch and floor plan Sketch and floor plan that meets the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (c) Exhibits required for Desktop Appraisal Reports Desktop Appraisal Reports must include: Exhibits required for Desktop Appraisal Reports Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Street scene identifying the location of the subject property and showing neighboring improvements Exhibits required for Desktop Appraisal Reports Exhibit Description ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property Photographs of comparable sales At least one photograph that shows the front of each comparable sale Sketch and floor plan Sketch and floor plan that meets the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (d) Exhibits required for Hybrid Appraisal Reports Hybrid Appraisal Reports must include: Exhibits required for Hybrid Appraisal Reports Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Street scene identifying the location of the subject property and showing neighboring improvements ■ Kitchen of the subject property ■ All bathrooms of the subject property ■ All main living areas of the subject property, including all gathering rooms ■ All bedrooms of the subject property ■ All below-grade areas of the subject property, including all unfinished and finished areas ■ Additional photographs, as needed, to show any apparent defects, damages or deficiencies, improvements (e.g., outbuildings, views), Amenities, observed conditions or site influences that materially impact the market value or marketability of the subject property Photographs of comparable sales At least one photograph that shows the front of each comparable sale. Note: A photograph from a multiple listing service is acceptable, and, notwithstanding the prohibition in Section 5603.4(8), the appraiser may rely on comparable sales that were not personally inspected by the appraiser. Sketch and floor plan Sketch and floor plan that meet the requirements in Section 5604.2(a) Location map Location map that meets the requirements in Section 5604.2(a) (e) Exhibits required for Exterior Appraisal Reports An Exterior Appraisal Report must include: Exhibits required for Exterior Appraisal Reports Exhibit Description Photographs of the subject property At least one photograph that shows the front view of the subject property Location map Location map that meets the requirements of Section 5604.2(a) (f) Exhibits required for Restricted Appraisal Update Reports and completion reports If the photographs in the original appraisal report accurately represent the subject property, new photographs of the subject property are not required. Restricted Appraisal Update Reports and completion reports must include: Exhibits required for Restricted Appraisal Update Reports and completion reports Form Description Restricted Appraisal Update Report Photographs of any factors that affect the value, condition or marketability of the subject property should be provided if not already part of the original appraisal report. Completion Report or Form 400 ■ For an existing property subject to repairs or alterations, photographs that clearly identify the completion of repairs or alterations Exhibits required for Restricted Appraisal Update Reports and completion reports Form Description ■ For new or proposed construction (i.e., the construction has not started and the description of construction to be completed is based on plans and specifications and/or similar documentation) subject to completion, photographs, including: ❑ Front view of the subject property ❑ Rear view of the subject property ❑ Street scene identifying the location of the subject property and showing neighboring improvements ❑ Kitchen of the subject property ❑ All bedrooms of the subject property ❑ All bathrooms of the subject property ❑ All main living areas of the subject property, including all gathering rooms ❑ All below-grade areas of the subject property, including unfinished and finished areas ❑ For an existing Manufactured Home, either the HUD Data Plate or the HUD Certification Label(s); when both are present, the completion report must include both ❑ For a new Manufactured Home, both the HUD Data Plate and HUD Certification Label(s) ❑ CHOICEHome® notice, if applicable (g) Other necessary exhibits for appraisal reports The appraisal report must include any additional information or data that is needed to provide the lender/client with a credible and adequately supported appraisal. The Seller may request that the appraiser provide additional exhibits as part of the appraisal scope of work. Any exhibit must be incorporated into the appraisal report. (h) Exhibits required for a PDR with ACE+ PDR or Hybrid Appraisal Report The following exhibits must be included in the PDR: Exhibits required for a PDR Exhibit Description Photographs of the subject property ■ Front view of the subject property ■ Rear view of the subject property ■ Any sides of the subject property that are not wholly visible in the front or rear photographs ■ Street scene (both directions) identifying the location of the subject property and neighboring improvements ■ All interior rooms of the subject property including, but not limited to, foyer, kitchen, living room, bedrooms(s), bathroom(s), utility room, laundry room, below-grade areas (finished and unfinished areas), attic area accessed via a permanent staircase (finished and unfinished areas), etc. ■ Interior and exterior of any significant (permanently affixed) outbuildings on the subject site, including any ADU (not required from small sheds) ■ Any apparent defects, damages or deficiencies, improvements (e.g., outbuildings, views), Amenities and any observed conditions or site influences Building sketch and floor plan Building sketch and floor plan that meet the requirements in Section 5604.2(a)