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Incurable Physical Depreciation (Dépréciation physique incurable)

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Term Definition
Incurable Physical Depreciation (Dépréciation physique incurable)
Incurable physical depreciation refers to items generally of deferred maintenance that cannot be practically or economically corrected at present. Incurable physical deterioration must be based on the reproduction or replacement cost of the entire structure after the cost to cure curable components has been deducted.
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