The original UAD Field-Specific Standardization Requirements (Document Version 1.1) stated: "The appraiser must enter an address that conforms to the United States Postal Service (USPS) address standards in Publication 28". However, this caused much confusion as to whether to use the mailing address or the physical property address formatted to conform to USPS standards. Therefore, Fannie Mae revised the UAD Field-Specific Standardization Requirements from the original version to clarify which address to use in the report. The latest Version 1.4 (updated June 19, 2012) now states: "The appraiser must enter the physical property address in a format that conforms to the United States Postal Service (USPS) address standards in Publication 28 ... The subject address must be populated consistently throughout the form." The USPS Publication 28 defines "standardized address"; In Chapter 2, titled "Postal Addressing Standards" it states: "A standardized address is one that is fully spelled out, abbreviated by using the Postal Service standard abbreviations".
In summary, the UAD requires the physical address formatted (arranged) to USPS standards, meaning the street type and direction are abbreviated and arranged correctly to USPS standards. To enter any other address than the actual physical address into your appraisal would be misleading, resulting in violation of USPAP and State Law. The Version 1.4 of the UAD Field-Specific Standardization Requirements, updated June 19, 2012 supersedes any and all instructions, requirements, FAQs or guidelines that were written prior to June 19, 2012.
