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In Business / College | 2025-07-03

When seeking a property appraisal, which of these factors requires a lender to comply with AIR?
A. The borrower requests it.
B. The lender wishes to sell the loan to Fannie Mae.
C. The loan amount is more than $250,000.
D. The transaction is federally related.

Asked by jingle35

Answer (2)

The factor that requires a lender to comply with AIR is if the transaction is federally related. AIR ensures appraisal independence in such transactions. Other mentioned factors do not invoke AIR compliance directly. ;

Answered by GinnyAnswer | 2025-07-03

The factor that requires a lender to comply with AIR is if the transaction is federally related, which means it involves federally insured or regulated loans. Other factors mentioned do not independently trigger AIR compliance. Compliance with AIR safeguards the appraisal process to ensure independence and consumer protection.
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Answered by Anonymous | 2025-07-04

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