source:
  type: guide
  id: va-m26-7-ch12-t02
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 2 — Marketable
    Real Estate Entity
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 2 — Marketable
    Real Estate Entity.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch12-t02-full
  canonical_id: va-m26-7-ch12-t02-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 2 — Marketable
    Real Estate Entity
  type: do
  tags:
  - regulator-direct
  - va
  - va-handbook
  - corpus-expansion
  - tier-operative
  primary_source:
    tier: 1
    authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 2 — Marketable
      Real Estate Entity
    source_class: va-handbook
    source_url: https://www.benefits.va.gov/warms/pam26_7.asp
    snapshot_id: 824171a914866a59
    fetched_at: '2026-05-23T01:53:53Z'
    content_hash: sha256:71efd8bb39bb5596ad194f1b13e6f979cfa1afbf5566e897e26836fc1ab0429e
    paragraph_quote: '2. Marketable Real Estate Entity Change Date October 18, 2019
      • This chapter has been revised in its entirety. a. Single Real Estate Entity
      The property must be a single, readily marketable, real estate entity. b. Multiple
      Parcels More than one parcel or lot may be included as long as all of the property
      is contiguous and legally marketable. VA does not set a limit on the number
      of acres that the property may have. If the property being appraised includes
      more than one parcel, the appraisal must be prepared subject to placing all
      of the parcels on one deed. c. Road or Waterway Dividing the Property If a property
      is divided by a road or waterway, the appraiser must determine the effect on
      the utility of the property to ensure that the property is a readily marketable,
      real estate entity. VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements
      12-6'
  judgment: false
