Rule library
UAD1251FatalField 24.017Gross Rent Multiplier Comparable #n

Provide the 'Sale Price' for the GRM comparable.

Where this rule lives in the report

Income Approach
Sale Price
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
Fatal — this blocks your UCDP submission and must be fixed before delivery.
Triggered when
@ValuationUseType = "GrossRentMultiplierComparable" and OwnershipTransferTransactionType = "Sale" and OwnershipTransferTransactionAmount is not provided
Data Point Name
OwnershipTransferTransactionAmount
Unique ID
1200.0034
Report Field ID
24.017
What this field means
The amount of transaction (typically the sale price) related to the transfer of ownership of real property as recognized in the jurisdiction in which it is located.

Seen in the sample reports

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

$460,000Sales comp
Single-family (SF1)
$750,000Subject
Single-family (SF2)

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
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