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UNIFORM MORTGAGE DATA PROGRAM (UMDP) 3

 


New UAD Condition and Quality Rankings
 
To familiarize you with the changes expected in the new UMDP, here is a list of the Conditions and Quality
rankings.  These are the rankings that you will use when specifying the state of a property's condition and quality.
 
 
Quality Ratings and Definitions
 
Q1
Dwellings with this quality rating are usually unique structures that are individually designed by an architect for a
specified user. Such residences typically are constructed from detailed architectural plans and specifications and
feature an exceptionally high level of workmanship and exceptionally high-grade materials throughout the interior
and exterior of the structure. The design features exceptionally high-quality exterior refinements and
ornamentation, and exceptionally high-quality interior refinements. The workmanship, materials, and  finishes
throughout the dwelling are of exceptionally high quality.
 
Q2
Dwellings with this quality rating are often custom designed for construction on an individual property owner's site.
However, dwellings in this quality grade are also found in high-quality tract developments featuring residences
constructed from individual plans or from highly modified or upgraded plans. The design features detailed, high
quality exterior ornamentation, high-quality interior refinements, and detail. The workmanship, materials, and
finishes, throughout the dwelling are generally of high or very high quality.
 
Q3
Dwellings with this quality rating are residences of higher quality built from individual or readily available designer
plans in above-standard residential tract developments or on an individual property owner's site. The design
includes significant exterior ornamentation and interiors that are well finished. The workmanship exceeds
acceptable standards and many materials and finishes throughout the dwelling have been upgraded from "stock"
standards.
 
Q4
Dwellings with this quality rating meet or exceed the requirements of applicable building codes. Standard or
modified standard building plans are utilized and the design includes adequate fenestration and some exterior
ornamentation and interior refinements. Materials, workmanship, finish, and equipment are of stock or builder
grade and may feature some upgrades.
 
Q5
Dwellings with this quality rating feature economy of construction and basic functionality as main considerations.
Such dwellings feature a plain design using readily available or basic floor plans featuring minimal  fenestration and
basic finishes with minimal exterior ornamentation and limited interior detail. These dwellings meet minimum
building codes and are constructed with inexpensive, stock materials with limited refinements and upgrades.
 
Q6
Dwellings with this quality rating are of basic quality and lower cost; some may not be suitable for year-round
occupancy. Such dwellings are often built with simple plans or without plans, often utilizing the lowest quality
building materials. Such dwellings are often built or expanded by persons who are professionally unskilled or
possess only minimal construction skills. Electrical, plumbing, and other mechanical systems and equipment may
be minimal or non-existent. Older dwellings may feature one or more substandard or non-conforming additions to
the original structure.
 
Condition Ratings and Definitions
 
C1
The improvements have been very recently constructed and have not previously been occupied. The entire
structure and all components are new and the dwelling features no physical depreciation.*
*Note: Newly constructed improvements that feature recycled materials and/or components can be considered
new dwellings provided that the dwelling is placed on a 100% new foundation and the recycled materials and the
recycled components have been rehabilitated/re-manufactured into like-new condition. Recently constructed
improvements that have not been previously occupied are not considered "new" if they have any significant physical
depreciation (i.e., newly constructed dwellings that have been vacant for an extended period of time without
adequate maintenance or upkeep).
 
C2
The improvements feature no deferred maintenance, little or no physical depreciation, and require no repairs.
Virtually all building components are new or have been recently repaired, refinished, or rehabilitated. All outdated
components and finishes have been updated and/or replaced with components that meet current standards.
Dwellings in this category either are almost new or have been recently completely renovated and are similar in
condition to new construction.
 
C3
The improvements are well maintained and feature limited physical depreciation due to normal wear and tear.
Some components, but not every major building component, may be updated or recently rehabilitated. The
structure has been well maintained.
 
C4
The improvements feature some minor deferred maintenance and physical deterioration due to normal wear and
tear. The dwelling has been adequately maintained and requires only minimal repairs to building components/
mechanical systems and cosmetic repairs. All major building components have been adequately maintained and are functionally adequate.
 
C5
The improvements feature obvious deferred maintenance and are in need of some significant repairs. Some building components need repairs, rehabilitation, or updating. The functional utility and overall livability  is somewhat diminished due to condition, but the dwelling remains useable and functional as a residence.
 
C6
The improvements have substantial damage or deferred maintenance with deficiencies or defects that are severe
enough to affect the safety, soundness, or structural integrity of the improvements. The improvements are in need of substantial repairs and rehabilitation, including many or most major components. Note:  It may be a good idea to practice assigning rankings to your current appraisals to familiarize yourself with these choices.
 

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Last Updated
May 16, 2013


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