Replacement Costs
Expenditures that provides for the periodic restoration of building components that wear out more rapidly than the building itself and must be replaced during the building's economic life.
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Expenditures that provides for the periodic restoration of building components that wear out more rapidly than the building itself and must be replaced during the building's economic life.
Source: NCREIF PREA | Date: 23 March 2020 | ID: D0331 | Version: 2