Which of the following properties is ineligible according to Fannie Mae guidelines?

Which of the following properties is ineligible according to Fannie Mae guidelines?

Ineligible Properties

  • vacant land or land development properties;
  • properties that are not readily accessible by roads that meet local standards;
  • agricultural properties, such as farms or ranches;
  • units in condo or co-op hotels (see B4-2.1-03, Ineligible Projects, for additional information;

Does Fannie Mae make exceptions?

Note: If a lender determines that a project does not meet all of Fannie Mae’s project eligibility requirements but believes that the project has merit and warrants additional consideration, the lender may request an exception (see B4-2.2-07, Projects with Special Considerations and Project Eligibility Waivers, for …

What does UI stand for in property preservation?

Properties must be boarded to prevent vandalism where required by local ordinance or when exterior openings are unsecurable or broken. The boarding allowable reimbursement amount does not include the cost of a padlock or padlock/hasp. Boarding is measured by calculating united inches (UI).

What is the primary goal of property preservation?

What is the primary goal of property preservation? The purpose of property preservation is to protect and preserve vacant properties.

What is the purpose of completing a pressure test during a winterization?

Air Testing Water Pipes On Winterized Properties A pressure test is a way of checking for leaks in the water piping without actually having any water in the pipes.

How long should you pressure test pipework?

JG Speedfit recommends that, in addition to carrying out mandatory first fix tests as outlined by legislation, installers test the pipework at two bar for 10 minutes, then ten bar (typically five times the average operating pressure) for a further 10 minutes to ensure that the pipes and fittings will be leak free …

How long should a water pressure test last?

The hydrostatic test parameters must be clearly defined during the design phase and stated in the project specifications. Guidelines set forth in the AWWA M41 Manual and the ANSI/AWWA C600 Standard are as follows: “Test pressure shall be 1.25 times the operating pressure. Duration of the test is two hours.

What PSI is needed for plumbing?

We are often asked why air testing must be done at lower pressures than water testing. To find leaks, a low pressure (30-50 PSI) air test is just as effective as high pressure (150 PSI) water test.

Does air leak easier than water?

Air is “thinner” than water and migrates through leaks easier and faster than water. Leaks can be found at lower pressure.

What does it mean when a house fails a water pressure test?

Generally this would be a plumbing pressure test failure. This indicates that they pressurized the plumbing in the house with air and it did not properly hold pressure. This is an indication that there is a leak someplace in the plumbing that will require repair.

How do I pressure test my home plumbing?

  1. Air-test a system of water pipes by turning off the main shutoff valve and draining the water from the system.
  2. Screw a pressure gauge to one of the faucets — usually a laundry-room faucet or outdoor faucet with a threaded spout.
  3. Charge the system to about 60 psi and leave it charged for 15 minutes.

How do you test rough in plumbing?

According to IRC, for supply system testing. You have to test using the maximum working pressure (80 psi) of water, or 50 psi of air. And you have to maintain the pressure for 15 minutes. For air testing drain-waste-vent (DWV) systems, you have to maintain 5 psi for 15 minutes.

How do you dry pressure test plumbing?

How to use a pipe dry testing kit?

  1. Step 1 – Plug or seal piping. Plug or seal any open ends and use valves to limit the test section of the piping.
  2. Step 2 – Connect test gauge.
  3. Step 3 – Testing kit is ready.
  4. Step 4 – Pressurise pipe system.
  5. Step 5 – Time test.
  6. Step 6 – Check drop in pressure.

Is code for pressure testing of pipe?

Test Pressures

Code Test type
ASME III Division 1 Subsection ND 1.5 times system design pressure for completed components, 1,25 times system design pressure for piping systems
ASME III Division 1 Subsection ND 1.25 times system design pressure
Code Test pressure maximum

Can I pressure test against a closed valve?

The maximum system test pressure shall not exceed the pressure test rating of any piping component. Systems or sections of systems to be tested may be isolated by closed valves, provided the valve body and seat are suitable for the test pressure.

What is the difference between leak test and pressure test?

Leak testing is usually conducted at pressure levels at or below the system operating pressure. A leak test as prescribed by design codes is performed at a factor times the design pressure of the piping system. The pressure test is usually performed at 1.1 to 1.5 times the design pressure of the system.

Which solution is used in leak test?

Leak-testing glass ampuls of injectables by means of vacuum- pressure treatment and methylene blue dye solution is recommended by Avis. \1\ Drug manufacturers frequently use this test or some modification of it.

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