# Real Estate Appraisal Exceptions in Major Disaster Areas
> **OCC** · Statement and Order; temporary exceptions. · Published 2005-10-14 · Effective 2005-10-14 · 70 FR 59987
## Document
- **Document number:** 05-20583
- **Category:** other
- **Sub-agency:** OCC
- **Federal Register citation:** 70 FR 59987
- **CFR reference:** 12 CFR 34
- **Publication date:** 2005-10-14
- **Effective date:** 2005-10-14
## Abstract

Section 2 of the Depository Institutions Disaster Relief Act of 1992 (DIDRA) authorizes the Agencies to make exceptions to statutory and regulatory requirements relating to appraisals for certain transactions. The exceptions are available for transactions that involve real property in major disaster areas when the exceptions would facilitate recovery from the disaster and would be consistent with safety and soundness. In this notice, the Agencies grant exceptions for certain real estate-related transactions in areas affected by Hurricanes Katrina and Rita. The expiration dates for the exceptions are set out in the SUPPLEMENTARY INFORMATION section.

## Source
- [Federal Register document](https://www.federalregister.gov/documents/2005/10/14/05-20583/real-estate-appraisal-exceptions-in-major-disaster-areas)
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