Latest Articles

Misc

February 04, 2019

Deferred Maintenance


Word of the day

Deferred Maintenance

Physical deterioration or loss in value of a building resulting from postponed maintenance to the building. This type of deterioration, sometimes called curable physical depreciation, is normally curable by making the necessary repairs and improvements.

A prospective purchaser of a building in which there is a significant amount of deferred maintenance should be especially careful to factor the estimated repair and replacement costs into an investment analysis of the property.
 

Related Post

Industry, Residential Real Estate, Education

Library of Real Estate Clauses

December 16, 2018

Brokerage, Technology, Consumer News, Residential Real Estate, Education, Misc

Short Sales and Tips for Newly Licensed Real Estate Agents

December 5, 2018

Brokerage, Consumer News, Residential Real Estate, Misc

Unilateral Contract VS Bilateral Contract

November 23, 2018

2019 Real Town The Real Estate Network