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A Completed Builders Certification (Form HUD-92541) signed and dated no more than 30 days prior to the date the appraisal was ordered before performing the appraisal on proposed, under construction or less than one year old properties.
What is OMB approval number 2502 0496?
OMB 2502-0496 HUD requires the builder to provide information that notes an adverse site/location factor(s) on the property, including floodplains.
What does cabo stand for in new construction?
In 1972, BOCA, SBCCI, and ICBO created the Council of American Building Officials (CABO) to prepare a national building code for residential construction.
What is the HUD builders warranty?
HUD-Approved Warranties for FHA Loans New homes must be sold with a warranty from the builder. HUD requirements for new home warranties include: 1-year surety coverage against defects in the workmanship and materials. 2-year surety coverage against defects in systems delivery.
What is a cabo cert?
This document serves as a certification confirming that a propertys construction adheres to the CABO 1992 Model Energy Code. It ensures that lead content in construction materials is within safe limits. Ideal for new constructions under one year old and never occupied.
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