VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests

va-m26-7-ch10-t04

VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests.

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source:
  type: guide
  id: va-m26-7-ch10-t04
  authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests
  description: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests.
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    section: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests
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      authority: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests
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      paragraph_quote: '4. Duplicate Appraisal Requests Change Date March 11, 2019 • This chapter has been revised in its entirety. a. Cancelation of a Duplicate Request Once an appraisal has been requested, no duplicate appraisal requests are authorized. If a lender requests more than one appraisal for the same Veteran on the same property, the lender must immediately cancel the additional request(s), following the procedures in Topic 5 of this chapter. b. Fees for Duplicate Appraisals If a lender fails to cancel duplicate appraisal requests and multiple appraisals are completed for the same Veteran on the same property, the lender will be responsible for the fees for all duplicate appraisals. The NOV will be issued based on the first appraisal requested. c. No Duplicates during the NOV Validity Period After the NOV has been issued, no duplicate appraisals may be requested for the same Veteran on the same property during the validity period of the NOV. VA Pamphlet 26-7, Revised Chapter 10: Appraisal Process 10-9'

Verbatim regulatory text (1)

Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests — 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 Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests

4. Duplicate Appraisal Requests Change Date March 11, 2019 • This chapter has been revised in its entirety. a. Cancelation of a Duplicate Request Once an appraisal has been requested, no duplicate appraisal requests are authorized. If a lender requests more than one appraisal for the same Veteran on the same property, the lender must immediately cancel the additional request(s), following the procedures in Topic 5 of this chapter. b. Fees for Duplicate Appraisals If a lender fails to cancel duplicate appraisal requests and multiple appraisals are completed for the same Veteran on the same property, the lender will be responsible for the fees for all duplicate appraisals. The NOV will be issued based on the first appraisal requested. c. No Duplicates during the NOV Validity Period After the NOV has been issued, no duplicate appraisals may be requested for the same Veteran on the same property during the validity period of the NOV. VA Pamphlet 26-7, Revised Chapter 10: Appraisal Process 10-9

Source: VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests · source URL · snapshot 454f0e7af6f49c3b

Operationalizing VA Lenders Handbook (VA Pamphlet 26-7), Chapter 10, Topic 4 — Duplicate Appraisal Requests

This is verbatim, source-snapshotted regulator text from the Claude for Compliance open corpus. To turn a rule like this into compliance work product: gap-analyze your policies and procedures (P&Ps) against these requirements to surface stale, conflicting, or missing provisions; operationalize any change with a ready-to-run update kit; and produce audit-ready evidence — every step grounded only in the regulator’s own words, never invented.

Source of record: https://claudeforcompliance.com/regs/va-m26-7-ch10-t04/ · register va-m26-7-ch10-t04 · Claude for Compliance. Free to read and download; see regulatory updates and methodology.