VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach.
Verbatim regulatory text
Verbatim provisions from VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach — 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 11, Topic 15 — Cost Approach
15. Cost Approach Change Date February 22, 2019 • This Chapter has been revised in its entirety. a. Not Required by VA The cost approach is not required for VA purposes, but may be completed to supplement the indicated value in the sales comparison approach. b. Site Value If the cost approach is provided, the appraiser must estimate the site value through sales comparison, allocation, or extraction. If the cost approach is not completed, a site value must not be provided. VA Pamphlet 26-7, Revised Chapter 11: Appraisal Report 11-24
Operationalizing VA Lenders Handbook (VA Pamphlet 26-7), Chapter 11, Topic 15 — Cost Approach
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-ch11-t15/
· register va-m26-7-ch11-t15 · Claude for Compliance. Free to read and download;
see regulatory updates and methodology.