| Title: |
Real Estate Appraisals
|
| Subject: | Appraisals |
| Agency: | NCUA |
| Status: | Final rule |
| Summary: |
The NCUA Board is amending the agency’s rule requiring real estate appraisals for certain transactions. The final rule accomplishes four objectives: increasing the threshold below which appraisals are not required for commercial real estate transactions from $250,000 to $1,000,000; restructuring the rule to enhance clarity; exempting from the rule certain federally related transactions involving real estate in a rural area; and making conforming amendments to the definitions section.
|
| FR Doc: | 2019-15708 |
| Date proposed: | Oct. 3, 2018 |
| Comments due date: |
|
| Final rule effective date: | Oct. 22, 2019 |
| Rule compliance date: | |
| Agency release: |
Appraisal Rule Will Help Boost Economic Activity, Job Creation in Communities |
| Related Reg Report item(s): |