source:
  type: guide
  id: hud-4000-1-i-b-standard-2
  authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — b. Standard
    (05/09/2022)
  description: FHA Single Family Housing Policy Handbook 4000.1, Part I — b. Standard
    (05/09/2022).
  coverage_tier: operative
obligations:
- id: hud-4000-1-i-b-standard-2-full
  canonical_id: hud-4000-1-i-b-standard-2-full
  section: FHA Single Family Housing Policy Handbook 4000.1, Part I — b. Standard
    (05/09/2022)
  type: do
  tags:
  - regulator-direct
  - fha
  - hud-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: FHA Single Family Housing Policy Handbook 4000.1, Part I — b. Standard
      (05/09/2022)
    source_class: hud-handbook
    source_url: https://www.hud.gov/hud-partners/single-family-handbook-4000-1
    snapshot_id: 8c03836f77f317e1
    fetched_at: '2026-05-23T00:28:40Z'
    content_hash: sha256:411430f29b13f9b54a2ebb0e6f6e7087ecd2b90d0da22eb0c8c792eaa2d7d0df
    paragraph_quote: 'b. Standard (05/09/2022) To be eligible to appraise Chattel,
      the Chattel Appraiser must be: • certified as a Manufactured Housing Valuation
      (MHV) appraiser. MHV appraisers are trained and certified in accordance with
      NADAguides guidelines to use the National Appraisal System (NAS); or • certified
      as a real estate Appraiser who is listed as active on the FHA Appraiser Roster,
      and certifies on each appraisal that the Appraiser has experience and competence
      in appraising Manufactured Homes where ownership interest is Chattel (or Personal
      Property). In addition, the Chattel Appraiser must not be: I. DOING BUSINESS
      WITH FHA B. Other Participants 9. Title I Chattel Appraisers Handbook 4000.1
      119 Last Revised: 11/26/2025 • suspended, debarred, or otherwise excluded; and
      • listed on HUD’s Limited Denial of Participation (LDP) List, HUD’s Credit Alert
      Verification Reporting System (CAIVRS), or subject to any current loss of standing
      or suspension as a certified Appraiser in any state. A state refers to any state
      of the United States, Puerto Rico, the District of Columbia, Guam, American
      Samoa, the Commonwealth of the Northern Mariana Islands, or the United States
      Virgin Islands. i. Competency Requirement The Chattel Appraiser must be knowledgeable
      of the Uniform Standards of Professional Appraisal Practice (USPAP) and FHA
      appraisal requirements. The Chattel Appraiser must meet the competency requirements
      defined in USPAP prior to accepting an assignment. The Chattel Appraiser must
      be knowledgeable in the market where the assignment is located. ii. Licensing
      Requirement For appraisals of Manufactured Homes under chattel ownership, if
      the appraiser is not a certified real estate appraiser listed as active on the
      FHA Appraiser Roster as above, then the appraiser must provide proof of certification
      as an MHV appraiser. iii. Compliance to Uniform Standards of Professional Appraisal
      Practice All Chattel Appraisers must comply with USPAP, including the Competency
      Rule, when conducting appraisals of Properties classified as Personal Property
      or Real Property. All appraisers providing services involving Manufactured Homes
      where the property interest is Chattel (or Personal Property) will follow USPAP
      Standards 7 and 8 when developing and reporting the results of the appraisal.
      iv. Pending or Settled Actions Prior to accepting an assignment from a Lender,
      the Chattel Appraiser must disclose all lawsuits, administrative complaints,
      Findings, or reports produced in connection with an investigation, audit, or
      review conducted by HUD, another federal, state, or local governmental agency,
      or by any other regulatory or oversight entity with jurisdiction over the Chattel
      Appraiser, its officers, partners, directors, principals, managers, supervisors,
      and other agents, that are currently pending or were resolved within two years
      of the application, including any violations of the Fair Housing Act, 42 U.S.C.
      §§ 3601–3619.'
  judgment: false
