Rule library
FatalField 24.024N/A

UAD1243Provide the value of the subject property as determined by the Income Approach method of property valuation.

Where this rule lives in the report

Income Approach
Indicated Value by Income Approach
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 ValueIndicatedByIncomeApproachAmount is not provided
Data Point Name
ValueIndicatedByIncomeApproachAmount
Unique ID
1200.0004
Report Field ID
24.024
What this field means
The indicated value of the subject property as determined by the Income Approach method of property valuation.

How to fix UAD1243

UAD1243 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 › Indicated Value by Income Approach area of the URAR and find Indicated Value by Income Approach.
  2. 02Check the condition that triggers UAD1243: IncomeApproachIndicator = "true" and ValueIndicatedByIncomeApproachAmount 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”