Property Valuation
In Washington, the 'cost to cure' in a property appraisal is always less than or equal to:
AThe replacement cost of the improvement
BThe value added by curing the deficiency✓ Correct
CThe property's assessed value
DThe appraiser's professional fee
Explanation
By definition, curable depreciation means the cost to cure is less than or equal to the value added by making the improvement. If the cure costs more than the value it adds, the depreciation is considered incurable (not economically feasible to cure).
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