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Exam term

Incurable

Describes a defect whose correction would cost more than the value it adds, or that the owner cannot correct, such as external obsolescence.

Lessons that use this term

  • The cost approach California
  • Accrued depreciation: physical deterioration and functional and external obsolescence California
  • The cost approach: reproduction and replacement cost and depreciation Texas

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  • SAFE MLO
  • SIE

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