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#2274531 - 08/22/22 06:11 PM Special Appraisal needed for Short -term rentals
Anonymous Offline
100 Club
Joined: Jun 2021
Posts: 187
Does anyone know if there is a specific form needed for short-term rentals?

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Interagency (Reg Z) and CFPB Reg B Appraisal Rules
#2274533 - 08/22/22 06:29 PM Re: Special Appraisal needed for Short -term rentals Anonymous
rlcarey Offline
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rlcarey
Joined: Jul 2001
Posts: 83,371
Galveston, TX
From a regulatory standpoint, not that I am aware. Is there special treatment under USPAP - not sure about that, but I have seen arguments that it would be more closely associated with a commercial appraisal, since the property includes both real and personal property to support the income generated and most residential appraisers are not trained in that aspect of appraising. .
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#2274544 - 08/22/22 07:30 PM Re: Special Appraisal needed for Short -term rentals Anonymous
Anonymous Offline
100 Club
Joined: Jun 2021
Posts: 187
Yes it is regarding a commercial appraisal. We cannot find an appraiser willing to conduct an appraisal and one mentioned because of the form needed. I cannot find what special form is needed as we have done these in the past and it has never been an issue.

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