Property Management
What is deferred maintenance in a Nevada rental property context?
AMaintenance that is scheduled for the future but not yet needed
BMaintenance that has been neglected and is overdue, potentially reducing property value and creating habitability issues✓ Correct
CMaintenance costs deferred to the next tax year
DA maintenance plan the landlord provides to new tenants
Explanation
Deferred maintenance refers to maintenance tasks that have been postponed and are now overdue. In Nevada rental properties, extensive deferred maintenance can result in habitability violations, reduced property value, difficulty obtaining financing, and liability to tenants.
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