Property Valuation
Physical depreciation that is 'curable' means:
AThe depreciation is caused by external market forces
BThe cost to repair or correct the deficiency is less than or equal to the resulting value increase✓ Correct
CThe property owner must legally repair the deficiency
DThe depreciation can be reversed through market appreciation
Explanation
Curable depreciation refers to items where the cost of repair does not exceed the increase in value the repair provides. It is economically sensible to fix.
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