Transcription of UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS …
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File APPRAISAL DATASET (UAD) DEFINITIONS addendum (Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements)Condition Ratings and DefinitionsC1 The improvements have been very recently constructed and have not previously been occupied. The entire structure and all components are newand the dwelling features no physical depreciation.**Note: Newly constructed improvements that feature recycled materials and/or components can be considered new dwellings provided that thedwelling is placed on a 100% new foundation and the recycled materials and the recycled components have been rehabilitated/re-manufacturedinto like-new condition.
UNIFORM APPRAISAL DATASET (UAD) DEFINITIONS ADDENDUM (Source: Fannie Mae UAD Appendix D: UAD Field-Specific Standardization Requirements) Abbreviations Used in Data Standardization Text
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