Deferred Maintenance
Repairs and similar improvements that normally would have been made to a property but were not made to the property in question, thus increasing the amount of its depreciation.
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Repairs and similar improvements that normally would have been made to a property but were not made to the property in question, thus increasing the amount of its depreciation.
Source: NCREIF | Date: 05 September 2025 | ID: D1038 | Version: 1