For which type of appraisal assignment are the FHAct and ECOA not applicable?

The Fair Housing Act (FHAct) and the Equal Credit Opportunity Act (ECOA) aim to promote fair housing practices and ensure that individuals are not discriminated against in lending based on certain characteristics. These regulations primarily apply to residential real estate and transactions that involve credit.

In this context, assignments that do not involve residential real property naturally fall outside the jurisdiction of these acts. Similarly, assignments that do not require a credit transaction are also not subject to the provisions of the FHAct and ECOA since the regulations are focused specifically on lending practices.

Therefore, both scenarios outlined in the choices indicate instances where the FHAct and ECOA do not apply, leading to the conclusion that both are correct responses. Thus, selecting both options together highlights that the applicability of these acts is limited to specific types of transactions involving residential properties and credit, reinforcing the correct understanding of the relevant frameworks governing real estate appraisals.