Property Valuation
A North Dakota appraiser noting 'curable physical deterioration' on a property is referring to:
ADamage that cannot be economically repaired
BItems where the cost to repair is less than or equal to the value added by the repair✓ Correct
CExternal factors outside the property
DLong-lived components at end of useful life
Explanation
Curable physical deterioration refers to deferred maintenance items (peeling paint, broken windows, worn carpet) where repair costs are justified by the corresponding value increase. If the repair cost exceeds the value added, the item would be classified as incurable.
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