Physical Deterioration

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August 25, 2024 3 min read Definitions
Physical Depreciation (Physical Deterioration): Causes and Impact on Property Value
Real Estate Economics Depreciation Physical Deterioration Property Value Real Estate Maintenance
Physical Depreciation or Physical Deterioration refers to the loss of value from all causes of age and action of the elements, including breakage, deferred maintenance, effects of age on construction material, and normal wear and tear.
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