FAIR Launch Draft

How Long Is an Appraisal Valid? | FAIR FAQ

Appraisal validity is context-dependent and typically requires updates when market, condition, or intended-use assumptions change materially.

How Long Is an Appraisal Valid? | FAIR FAQ - FAIR online appraisal guide illustration
How Long Is an Appraisal Valid? | FAIR FAQ - FAIR online appraisal guide illustration
Key points
  • There is no universal validity period across insurers and tax workflows.
  • Refresh triggers include market movement and condition changes.
  • Older reports can provide context but may not be current for new decisions.
  • Use the full validity guide when you need insurance, claims, estate, and tax examples in one place.
FAQ
  • Is there one fixed validity window? No.
  • Should I refresh near renewal? Often yes, especially in volatile categories.
  • Can old reports still help? Yes, as historical reference.