Tag: retrospective appraisal
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What is a Retrospective Appraisal?
A retrospective appraisal is a valuation of a property as of a specific date in the past, rather than the current date. This type of appraisal is often used for legal or tax purposes, such as: Here’s how a retrospective appraisal works: Retrospective appraisals can be more complex than traditional appraisals, as the appraiser needs…