
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
Edition 3ISBN: 978-0073377322 Exercise 12
Remodeling and rehabilitation:
A) Are preventive measures undertaken to prevent a loss in value.
B) Are most likely categorized as operating expenses.
C) Are expected to add value to the property if undertaken.
D) Can usually be undertaken by the property manager without consulting the owner or asset manager.
A) Are preventive measures undertaken to prevent a loss in value.
B) Are most likely categorized as operating expenses.
C) Are expected to add value to the property if undertaken.
D) Can usually be undertaken by the property manager without consulting the owner or asset manager.
Explanation
Bearing in mind that home renovations ar...
Real Estate Principles 3rd Edition by David Ling,Wayne Archer
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