Depreciation or deterioration that can be corrected at a cost less than the value that will be added. For example, if a house in poor condition can be rehabbed for a cost of $30,000 that will result in an added value of $50,000, the depreciation is considered curable.
Related information about curable depreciation:
- Curable Depreciation: Definition from Answers.com
Depreciation or deterioration that can be corrected at a cost less than the value that will be added.
- curable depreciation - Business Definition
curable depreciation definition: Physical deterioration or obsolescence of an asset ... Curable depreciation in a rental property might include worn carpet, faded ...
- What is curable depreciation? definition and meaning
Definition of curable depreciation: Depreciation or deterioration that can be corrected at a cost less than the value that will be added. For example, if a house in ...
- curable depreciation | Real Estate Dictionary | Sutton
curable depreciation. Wear and tear or outmoded design which can be corrected at a cost that is economically feasible (e.g., worn carpeting). Contrast to ...
- curable depreciation - Financial Dictionary - The Free Dictionary
Depreciation that can be cured at a cost less than the value that will be added. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, ...
- Curable Depreciation Law & Legal Definition
Curable depreciation means the physical depreciation or deterioration of a property that can be repaired or replaced by a property owner. Curable depreciation ...
- What is depreciation?
Curable depreciation is the cost of remodeling or adding additional rooms, doorways, or enhancements, etc. Incurable depreciation is really a matter of judgment ...
- Functional Depreciation
Related words: curable depreciation, depreciation [appraisal]. A loss in value of an improvement due to functional inadequacies, often caused by age or poor ...