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The Divorce Encyclopedia
Curable Depreciation


Term Definition Curable Depreciation - items of physical deterioration and functional obsolescence that are economically feasible to cure.
Application in Divorce Questions involving curable depreciation may surface in making an appraisal of property subject to distribution.

The costs of curable depreciation can be included in the terms of the settlement agreement.

A house in need for work -- the so-called "handyman’s special" -- is an example of curable depreciation.

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