Rule library
FatalField 24.023N/A

UAD1242Provide the 'Gross Rent Multiplier'.

Where this rule lives in the report

Income Approach
Gross Rent Multiplier
Indicated Value by Income Approach

Report Section and Report Subsection as the GSEs define them — the black tab and grey bar you already read on the URAR.

Severity
Fatal — this blocks your UCDP submission and must be fixed before delivery.
Triggered when
IncomeApproachIndicator = "true" and GrossRentMultiplierFactorNumber is not provided
Data Point Name
GrossRentMultiplierFactorNumber
Unique ID
1200.0003
Report Field ID
24.023
What this field means
A numeric value that specifies the factor used in calculating the indicated value of the subject property when applying the Income Approach method of property valuation.

How to fix UAD1242

UAD1242 is a Fatal UAD 3.6 edit, so clear it before the appraisal report goes to UCDP.

  1. 01Open the Income Approach › Indicated Value by Income Approach › Gross Rent Multiplier area of the URAR and find Gross Rent Multiplier.
  2. 02Check the condition that triggers UAD1242: IncomeApproachIndicator = "true" and GrossRentMultiplierFactorNumber is not provided.
  3. 03Correct the missing, invalid, duplicate, or inconsistent value before submitting to UCDP.
  4. 04Use the official 2–4 unit sample value on this page as a reference pattern, then re-run validation.

This fix guidance is derived from the published rule message, trigger logic, report location, field definition, and official sample data available for this rule.

Seen in the sample reports

How this field is populated in the official UAD 3.6 sample scenarios.

More rules in “Income Approach › Indicated Value by Income Approach”