Property Valuation
The Kansas 'cost to cure' approach in appraisal is used when:
AThe appraiser determines the cost to sell the property
BDepreciation is curable — the cost to correct the deficiency is less than or equal to the value gained✓ Correct
CThe property needs environmental cleanup
DThe cost approach is the only applicable method
Explanation
Curable depreciation is depreciation that can be economically corrected — the cost to cure the deficiency is less than or equal to the value the cure adds. Cost to cure is subtracted as depreciation.
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