1005.1 - Appraisals
One or more of the following is implemented:
Energy rating or projected usage data is posted in an appropriate location in the home, or public posting so that an appraiser can access the energy data for an energy efficiency property valuation. (2 points)
- An Appraisal Institute Form 820.05 “Residential Green and Energy Addendum” or Form 821 “Commercial Green and energy Efficient Addendum” that consider NGBS, LEED, ENERGY STAR certifications and equivalent programs, is completed for the appraiser by a qualified professional or builder to use in performing the valuation of the property. (2 points)
- NGBS certification information or one of the Appraisal Institute Forms cited in (2) above is uploaded to a multiple listing service (MLS) or equivalent database so that appraisers can access it to compare property valuations. (2 points)
Review of Form 820.05.
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