Defects | Lukinski https://lukinski.com Sun, 03 Apr 2022 12:28:01 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.6 Depreciation of property https://lukinski.com/depreciation-of-property/ Mon, 22 Apr 2019 11:00:51 +0000 https://lukinski.de/depreciation-of-property/ Decrease in age value – Decrease in age value refers to the total useful life of a property in connection with the market value. More on Lukinski. If the remaining life of a property is shortened, a reduction in age value is taken into account. Factors to be considered are, for example, construction defects or technical obsolescence of a building such as damp cellars or single-glazed windows.

Age depreciation at a glance: Impairment due to useful life

  • Impairment of a property due to total useful life
  • Is related to the market value of a property
  • Reduced value due to shortened remaining useful life
  • Reduction due to wear and tear, construction defects, wear and tear and obsolescence

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