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Topic 7. Notice of Value Validity Period
July 22, 2019
This chapter has been revised in its entirety.
a. Validity Period
An NOV is valid for 6 months.
b. Veteran Under Contract
If a Veteran is under contract during the validity period, processing may continue until that transaction is either completed or terminated.
c. Extension of the Validity Period
On a case-by-case basis, VA may extend validity periods when requests for such actions are reviewed and found to be appropriate under prevailing conditions.