An Individual Condominium Unit Appraisal Report (ICUAR) is for appraisals of one-unit properties in condo projects based on interior and exterior property inspections. Also known as Fannie Mae Form 1073, appraisals reported on this form must be completed in accordance with the UAD Specification. The form is similar to the Uniform Residential Appraisal Report (Form 1004) only it comes with additional condo-specific questions.
Common sections featured on this report include:
The form must also satisfy the following requirements:
The Pro Teck Difference
Pro Teck prides itself on producing the most accurate and timely appraisals possible by:
Pro Teck offers ICUAR as part of its suite of residential appraisal products. To learn more about Pro Teck’s appraisal management services, contact us today.
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