UAD1703
WARNINGOfficial message text · Appendix H-1: UAD Compliance Rules — URAR, v1.5
Only the most recent sale should be delivered. For assistance with this message, contact the appraisal software vendor.
Warning — the submission can still come back Successful, but the finding is surfaced to your lender's review team.
What triggers UAD1703
The published rule logic, verbatim:
If @ValuationUseType = "GrossRentMultiplierComparable" and there is more than one instance of SALES_HISTORY
- • Checked for every Gross Rent Multiplier Comparable in the report.
- • Maximum allowed value: 1.
- • Bound to MISMO data point
SALES_HISTORYat../VALUATION_ANALYSIS/PROPERTIES/PROPERTY/SALES_HISTORIES/SALES_HISTORY/
How to fix it
On the URAR, this lives at: Income Approach → Gross Rent Multiplier Comparables → Sale Date. Complete or correct that field in your form software, regenerate the package, and re-check before submission.
The free UADCheck inspection evaluates UAD1703 automatically — attach your package and see in seconds whether it fires.
Begin inspection →Related messages
- UAD1702 WarningOnly the most recent sale should be delivered. For assistance with thi…
- UAD1704 WarningOnly the most recent sale should be delivered. For assistance with thi…
- UAD1242 FatalProvide the 'Gross Rent Multiplier'.…
- UAD1243 FatalProvide the value of the subject property as determined by the Income …
- UAD1244 WarningProvide the 'Comparable Weight' for the GRM comparable.…
- UAD1245 WarningProvide the 'Gross Rent Multiplier'.…
Source: Appendix H-1: UAD Compliance Rules — URAR, v1.5 (public GSE document). Verified against the published spreadsheet; not affiliated with Fannie Mae or Freddie Mac.