VA Request for Determination of Reasonable Value (VA Forms 26-1805 & 26-1805-1)

Forms and Documents

Document Name	Status
Form VA Form 26-1805 VA Request for Determination of Reasonable Value (26-1805 & 26-1805-1) Form	Modified
2020-10852.pdf Supplementary Document	2020-05-20
SupportState(2900-0045).rtf Supporting Statement A	2020-05-05
2020-04634.pdf Supplementary Document	2020-03-11

IC Document Collections

IC ID	Document Title	Status
28166	VA Request for Determination of Reasonable Value (26-1805 & 26-1805-1) Form	Modified

ICR Details

OMB Control No: 2900-0045	ICR Reference No: 202002-2900-009
Status: Active	Previous ICR Reference No: 201611-2900-009
Agency/Subagency: VA	Agency Tracking No: VBA-LGY-NK
Title: VA Request for Determination of Reasonable Value (VA Forms 26-1805 & 26-1805-1)
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved with change	Conclusion Date: 10/26/2020
	Date Received in OIRA: 06/30/2020
Terms of Clearance: In its next extension, revision, or reinstatement request, VA shall add the information to these forms required by 5 CFR 1320.8(b)(v). In addition, VA shall add a close-parenthesis to this sentence on Form 26-1805: "This report is authorized by law (38 U.S.C. 3704(a) and 3710(b)."

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	10/31/2023	36 Months From Approved	10/31/2020
Responses	257,000	0	257,000
Time Burden (Hours)	51,400	0	51,400
Cost Burden (Dollars)	1,233,600	0	1,233,600

---

Abstract: VA is required by 38 U.S.C. 3710(b)(5) to determine the reasonable value of properties proposed as security for guaranteed or direct home loans authorized by 38 U.S.C. 3710 or 3711, and to require minimum property standards pursuant to 38 U.S.C. 3704(a). The request provides information to permit assignment of appraisal and inspection of the property for these purposes.

---

Authorizing Statute(s): US Code: 38 USC 3731(c) Name of Law: Appraisals
   US Code: 38 USC 3710(b) (4)(5)(6) Name of Law: Purchase or construction of homes
   US Code: 38 USC 3711 Name of Law: Direct loans to veterans
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 4634	03/06/2020
30-day Notice:	Federal Register Citation:	Citation Date:
	85 FR 10852	05/20/2020
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 1

IC Title	Form No.	Form Name
VA Request for Determination of Reasonable Value (26-1805 & 26-1805-1)	VA Form 26-1805, VA Form 26-1805-1	Request for Determination of Reasonable Value (Real Estate) ,   Request for Determination of Reasonable Value (Real Estate)

---

ICR Summary of Burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	257,000	257,000	0	0	0	0
Annual Time Burden (Hours)	51,400	51,400	0	0	0	0
Annual Cost Burden (Dollars)	1,233,600	1,233,600	0	0	0	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement:

---

Annual Cost to Federal Government: $2,554,194

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     Yes

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  No

---

On behalf of this Federal agency, I certify that the collection of information encompassed by this request complies with 5 CFR 1320.9 and the related provisions of 5 CFR 1320.8(b)(3).

The following is a summary of the topics, regarding the proposed collection of information, that the certification covers:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(i) Why the information is being collected;

(ii) Use of information;

(iii) Burden estimate;

(iv) Nature of response (voluntary, required for a benefit, or mandatory);

(v) Nature and extent of confidentiality; and

(vi) Need to display currently valid OMB control number;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

If you are unable to certify compliance with any of these provisions, identify the item by leaving the box unchecked and explain the reason in the Supporting Statement.

Certification Date: 06/30/2020

---