source:
  type: guide
  id: va-m26-7-ch12-t40
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 40 — Properties
    near Airports
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 40 — Properties
    near Airports.
  coverage_tier: operative
obligations:
- id: va-m26-7-ch12-t40-full
  canonical_id: va-m26-7-ch12-t40-full
  section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 12, Topic 40 — Properties
    near Airports
  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 40 — Properties
      near Airports
    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: '40. Properties near Airports Change Date March 28, 2019 • This
      chapter has been revised in its entirety. a. Appraiser Responsibility Appraisers
      must be familiar with noise zones and safety-related zones surrounding airports
      in areas where they perform appraisals for VA. b. Appraisal Considerations Whenever
      a property is located near an airport, appraisers must consider the effect on
      value of any airport noise and select comparable sales, if available, with the
      same airport influence. c. Proposed Construction in a Clear Zone Proposed construction
      located in a Clear Zone (also known as a Runway Protection Zone) is not eligible.
      The appraiser must stop working on the appraisal and notify the lender immediately.
      d. Existing or New Construction in a Clear Zone For existing or new construction
      located in a Clear Zone, the following Veteran’s acknowledgement must be required
      on the NOV and signed by the Veteran: “I am aware that the property being purchased
      is located near the end of an airport runway and this may have an effect upon
      livability, safety, value and marketability of the property.” e. Accident Potential
      Zone For all properties located in an accident potential zone, the following
      Veteran’s acknowledgement must be required on the NOV and signed by the Veteran:
      “I am aware that the property being purchased is located in an accident potential
      zone and this may have an effect upon the livability, safety, value, and marketability
      of the property.” f. Maps Available Online Airport noise zone maps may be found
      at https://www.faa.gov/airports/environmental/airport_noise/noise_exposure_maps/.
      VA Pamphlet 26-7, Revised Chapter 12: Minimum Property Requirements 12-49'
  judgment: false
