ANSI FAQ
BACKGROUND: On December, 15, 2021, Fannie Mae published an announcement titled “Standardized Property Measuring Guidelines” - Updated guidance, which stated - Appraisers will be required to use the Square Footage-Method for Calculating: ANSI® Z765-2021 (American National Standards Institute®) Measuring Standard for measuring, calculating, and reporting Gross Living Area (GLA) and non-GLA areas of subject properties for appraisals requiring interior and...
