Rule library
UAD1245WarningField 24.020Gross Rent Multiplier Comparable #n

Provide the 'Gross Rent Multiplier'.

Where this rule lives in the report

Income Approach
Gross Rent Multiplier
Gross Rent Multiplier Comparables

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

Severity
Warning — flagged but does not block delivery. Reviewers will still look.
Triggered when
@ValuationUseType = "GrossRentMultiplierComparable" and GrossMonthlyRentMultiplierNumber is not provided
Data Point Name
GrossMonthlyRentMultiplierNumber
Unique ID
1200.0016
Report Field ID
24.020
What this field means
A numeric value that specifies the Gross Rent Multiplier for the property which is derived by dividing the sale price by the actual gross monthly rent.

Seen in the sample reports

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

More rules in “Income Approach”

UAD1242Provide the 'Gross Rent Multiplier'.
Fatal
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
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