This article is for general information purposes only and does not constitute legal, tax, or financial advice, nor a valuation in an individual case. Despite careful research, we assume no liability for accuracy, completeness, and timeliness. For specific questions, please consult a lawyer or tax advisor. Older content may be outdated due to changes in legislation or case law.
Since property values continuously change due to interest rate changes, adjustments to standard land values, or local market developments, an older appraisal report increasingly loses its evidentiary value.
If divorce proceedings drag on for several years, courts frequently require the appraisal report to be updated or newly prepared as of the current date.
For the retrospective valuation as of the date of pending litigation, however, the original appraisal report remains permanently relevant, regardless of how much time has passed since then.
Extraordinary events occurring during an ongoing proceeding, such as a damage event or a fundamental market change, may also require an interim update of the appraisal report.
Transparent communication with us regarding the status of proceedings helps to identify the right time for a possible update at an early stage.