VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 22 — Vacant Land Appraisals
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 22 — Vacant Land Appraisals.
Verbatim regulatory text
Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 22 — Vacant Land Appraisals — each quote is a verified substring of the regulator-published source snapshot, not retyped. Quoted for reference; this is not legal advice. The operational layer (P&P updates, prompts) lives in the regulation update kits.
VA Pamphlet 26-7, Chapter 11 (Appraisal Report), Topic 22 — Vacant Land Appraisals
• This Chapter has been revised in its entirety. a. Liquidation Appraisals A vacant land appraisal may be needed for a liquidation appraisal if there are no improvements on the land or if the improvements have no contributory value. b. Appraisal Requirements The appraiser must provide a written narrative format or a commercially available vacant land appraisal form. Like all VA appraisals, the appraisal must meet USPAP. The appraisal report must include: • property address • legal description • owner of record • assessment and property tax information • property rights appraised • site size • zoning • highest and best use • shape • topography • drainage • availability of utilities • flood zone information • estimated cost of razing any existing improvements which must be considered in market approach • comparable sales grid with three comparable sales, adjusted to indicate the estimated market value of the subject property • Assumptions and Limiting Conditions, and Appraiser Certifications
Operationalizing VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 22 — Vacant Land Appraisals
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To work from the whole rulebook rather than this one page: download the corpus — every register on this site, verbatim, each with its source snapshot and effective date — then follow the methodology. It asks your assistant to answer only from the downloaded text, cite the register id and effective date it used, and tell you when the corpus does not cover something instead of filling the gap from memory. Running it locally also means no one sees which regulations you are looking at.
Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch11-t22/
· register va-m26-7-ch11-t22 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.