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.
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