VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 35 — Stationary Storage Tanks

va-m26-7-ch12-t35

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 35 — Stationary Storage Tanks.

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Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 35 — Stationary Storage Tanks — 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 35 — Stationary Storage Tanks

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

Topic 35. Stationary Storage Tanks Change Date: March 28, 2019 This Chapter has been revised in its entirety. a. Distance Requirement If the property is located within 300 feet of an above-ground or subsurface stationary storage tank with a capacity of 1,000 gallons or more containing flammable or explosive material, the appraiser must report this information in the appraisal. This includes storage tanks for domestic and commercial uses as well as automotive service station tanks. b. Comparable Sales The appraiser should use comparable sales in similar locations, if available. c. NOV Requirement The SAR must include the information on the NOV, requiring the Veteran’s signed acknowledgement to ensure the Veteran is fully informed of the situation.

Source: VA Pamphlet 26-7, Chapter 12 (Minimum Property Requirement), Topic 35 — Stationary Storage Tanks · source URL · snapshot 9df31307e7a2b3e6

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Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch12-t35/ · register va-m26-7-ch12-t35 · 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.