Effective Date of Appraisal

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January 1, 1 7 min read Definitions

Appraisal Date Effective Date of Appraisal Appraisal Report Real Estate Valuation Condemnation Market Conditions

The Appraisal Date, or Effective Date of Appraisal, is the specific date on which the appraised value of a property is based. This date can impact the value derived in the context of historical price trends, market conditions, and other relevant factors.

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January 1, 1 7 min read Definitions

Effective Date of Appraisal

Effective Date of Appraisal Appraisal Date Property Valuation Real Estate Appraisal Market Conditions Assessment

The Effective Date of the Appraisal, often referred to as the Appraisal Date, is the specific point in time at which the value of the property is assessed. This date is crucial for reflecting the property's market conditions and physical state at that particular time.