Property Management

What is 'deferred maintenance' in South Carolina property management?

ARoutine maintenance scheduled for the future
BNeeded maintenance that has been postponed, resulting in property deterioration✓ Correct
CMaintenance paid in the next fiscal year
DMaintenance deducted from the security deposit

Explanation

Deferred maintenance is necessary upkeep that has been delayed or neglected. Accumulated deferred maintenance reduces property value and may create habitability issues or liability concerns.

Related South Carolina Property Management Questions

Practice More South Carolina Real Estate Questions

1,500+ questions covering all exam topics. Start free — no signup required.

Take the Free South Carolina Quiz →