Real Estate Practice : Lesson 1083

By
Education & Training TN LIC# 290452 (retired)

                                                    #1083

Depreciation is a term which, by it's absolute meaning in real estate, represents the decrease in the value of an asset.

It is also considered to be the opposite of appreciation which is the increase in the value of an asset.

Is this fact considered to be true or false ?

Please take your time. The solution is posted below the wildlife photo.

wildlife

A. True

Depreciation is the decrease in the value of an asset.

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