901-2-09 Appraisals.

(A) Appraisals required under this chapter shall be conducted using either a points-based appraisal system or the comparable sales methodology.

(B) The points based appraisal system shall comply with the requirements set forth in division (D) of section 901.22 of the Revised Code.

(C) The comparable sales methodology shall comply with the requirements set forth by the funding source's guidelines.

Effective: 3/21/2016
Five Year Review (FYR) Dates: 01/05/2016 and 03/21/2021
Promulgated Under: 119.03
Statutory Authority: 901.22
Rule Amplifies: 901.21, 901.22, 901.23
Prior Effective Dates: 02/01/02, 02/21/05, 10/28/2010