9-Estimation of accrued depreciation from all sources-Chapter 20
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20.4.2.3. Estimation of accrued depreciation from all sources Accrued depreciation in an appraisal refers to the loss in value of a property due to various factors over time. It represents the difference between the replacement cost of the property and its current market value. Accrued depreciation is an essential component in the Cost Approach to […]