VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 10 — Lava Flow Hazard Zones

va-m26-7-ch12-t10

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 10 — Lava Flow Hazard Zones.

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Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 10 — Lava Flow Hazard Zones — 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 12 (Minimum Property Requirement), Topic 10 — Lava Flow Hazard Zones

Effective 2019-03-28 · publisher's stamp for this provision

Topic 10. Lava Flow Hazard Areas Change Date: March 28, 2019 This Chapter has been revised in its entirety. a. Appraiser Responsibility Lava Flow Hazard Zones are designated by the United States Geological Survey. Appraisers who perform appraisals for VA in affected areas must be familiar with these zones. b. Property Eligibility Properties in Zones 1 and 2 are not eligible for appraisal. If the appraiser finds that a property on which an appraisal has been ordered is located in Zone 1 or 2, the appraiser must stop work and promptly notify the lender. c. Market Value to be Considered If the property is in a Lava Flow Hazard Zone other than Zone 1 or 2, the appraiser must report the zone information in the appraisal and analyze the effect on market value.

Source: VA Pamphlet 26-7, Chapter 12 (Minimum Property Requirement), Topic 10 — Lava Flow Hazard Zones · source URL · snapshot 9df31307e7a2b3e6

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Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch12-t10/ · register va-m26-7-ch12-t10 · verbatim, source-snapshotted regulator text from the Claude for Compliance corpus. To work from every register at once, download the corpus and follow the methodology.