The Appraisal Institute (AI) unveiled an information system that classifies and describes property uses.
AI also detailed how this will assist real estate analysts and others with their property use data storage and analysis.
Read on to find out more about this system and hear what the AI president had to say.
From Forms to Reports: A Look at the UAD Overhaul
By now, most appraisers are aware that Fannie Mae and Freddie Mac (GSEs) have embarked on a complete overhaul of the Uniform Appraisal Dataset (UAD).