What are the requirements for pedestrian and vehicular access to a property?

The Appraiser must note whether there is safe pedestrian access and adequate vehicular access from a public street or private street that is protected by a permanent recorded Easement, ownership interest, or is owned and maintained by a Homeowners Association (HOA), and analyze any effect on value or marketability. Adequate Vehicular Access to Property refers to an all-weather road surface over which emergency and typical passenger vehicles can pass at all times. 
The Appraiser must report evidence of a permanent Easement, ask if a maintenance agreement exists and comment on the condition of the private road or lane.
The Mortgagee must confirm that the Property is provided with a safe pedestrian access and Adequate Vehicular Access from a public or private street. Streets must either be dedicated to public use and maintenance, or retained as private streets protected by permanent recorded Easements.

Private streets, including shared driveways, must be protected by permanent recorded Easements, ownership interest, or be owned and maintained by a HOA. Shared driveways do not require a joint maintenance agreement.
For additional information see Handbook 4000.1 II.A.3.a.ii(C) and II.D.3.c.iv(A) at  https://www.hud.gov/program_offices/administration/hudclips/handbooks/hsgh

All policy information contained in this knowledge base article is based upon the referenced HUD policy document. Any lending or insuring decisions should adhere to the specific information contained in that underlying policy document.

Topic Number: KA-03939