Thread Starter: GuitarDude
Title: Re: Mixed use property and Reg B appraisal notice
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I believe the storage facility with a residential unit would be a "dwelling" for Reg. B appraisal notice purposes. From 1002.14(b)(2):
(2) Dwelling. The term "dwelling" means a residential structure that contains one to four units whether or not that structure is attached to real property. The term includes, but is not limited to, an individual condominium or cooperative unit, and a mobile or other manufactured home.
Note that it describes a residential "structure" and not residential "property" which to me, means that it looks to the building itself. This seems to be further reiterated in the use of the phrase "whether or not that structure is attached to real property."
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