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Real Estate

New Federal Rule Exempts Nearly One-third Of Commercial Property Sales From Appraisals - Costar Group

by posted 10months ago 161 views
Office of the Comptroller of the Currency, Constitution Center, Washington, D.C. A new federal rule doubling the threshold for commercial real estate deals requiring an independent appraisal will reduce the time, cost and regulatory burden associated with processing smaller real estate deals, banking and real estate analysts say. The Federal Reserve Board, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency adopted...

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