Rule library
UAD1242FatalField 24.023N/A

Provide the 'Gross Rent Multiplier'.

Where this rule lives in the report

Income Approach
Gross Rent Multiplier
Indicated Value by Income Approach

Report Section and Report Subsection as the GSEs define them — the black tab and grey bar you already read on the URAR.

Severity
Fatal — this blocks your UCDP submission and must be fixed before delivery.
Triggered when
IncomeApproachIndicator = "true" and GrossRentMultiplierFactorNumber is not provided
Data Point Name
GrossRentMultiplierFactorNumber
Unique ID
1200.0003
Report Field ID
24.023
What this field means
A numeric value that specifies the factor used in calculating the indicated value of the subject property when applying the Income Approach method of property valuation.

Seen in the sample reports

How this field is populated in the official UAD 3.6 sample scenarios.

More rules in “Income Approach”

UAD1243Provide the value of the subject property as determined by the Income Approach method of property valuation.
Fatal
UAD1244Provide the 'Comparable Weight' for the GRM comparable.
Warning
UAD1245Provide the 'Gross Rent Multiplier'.
Warning
UAD1246A numeric identifier ('Comparable #') must be assigned for each GRM comparable. For assistance with this message, contact the appraisal software vendor.
Fatal
UAD1247Comparable # must be unique. For assistance with this message, contact the appraisal software vendor.
Fatal