Rule library
FatalField 23.01.20Subject

UAD1498Provide the 'Opinion of Market Rent' for the living unit.

Where this rule lives in the report

Rental Information
{No Label}; Opinion of Market Rent
Rent Schedule; Comparable Rental Analysis

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
RentScheduleIndicator = "true", and UnitIncludedInRentScheduleIndicator = "true", and UnitMonthlyMarketRentAmount is not provided in a given instance of UNIT_RENT_SCHEDULE
Data Point Name
UnitMonthlyMarketRentAmount
Unique ID
2000.0092
Report Field ID
23.01.20
What this field means
The monthly dollar amount that is expected to be received as rental income at full market price for a single living unit.

How to fix UAD1498

UAD1498 is a Fatal UAD 3.6 edit, so clear it before the appraisal report goes to UCDP.

  1. 01Open the Rental Information › Rent Schedule; Comparable Rental Analysis › {No Label}; Opinion of Market Rent area of the URAR and find UnitMonthlyMarketRentAmount.
  2. 02Check the condition that triggers UAD1498: RentScheduleIndicator = "true", and UnitIncludedInRentScheduleIndicator = "true", and UnitMonthlyMarketRentAmount is not provided in a given instance of UNIT_RENT_SCHEDULE.
  3. 03Correct the missing, invalid, duplicate, or inconsistent value before submitting to UCDP.
  4. 04Use the official Condominium (Condo2) 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.

$875Subject

More rules in “Rental Information › Rent Schedule; Comparable Rental Analysis”