Valuation & AppraisalCâu 54 / 120
An outdated floor plan that reduces a home's value is an example of:
a.Physical deterioration
b.Economic obsolescence
c.Functional obsolescence
d.Land depreciation
Giải thích
Functional obsolescence is a loss in value due to outdated or undesirable features within the property itself, such as a poor floor plan or one-car garage. Physical deterioration involves wear and tear, while economic obsolescence stems from external factors. Each type is analyzed in the cost approach.
Luyện miễn phí toàn bộ 120 câu hỏi — không cần đăng ký.
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