Remarks about Methods of Recognizing Types of Depreciation and Obsolescence

• Autorzy: Ryszard Źróbek
• Języki publikacji: EN

Abstrakty

EN

There are some methods for recognizing and quantiying varius types of depreciation and obsolescence. Depreciation can be defined as a loss in utility and hence value from any cause (BARBER 1991). There are a number of approaches by which depreciation either for accounting or valuation purposes can be estimated. Baum (1991) defines depreciation as a loss in the existing value of property and attributes the causes to: physical detoriation, functional obsolescence, and aesthetic obsolescence. In the context of property, depreciation refers to the loss of investment value. This loss is a function of two distinct negative processes (MANSFELD 2000): physical deterioration, and obsolescence. (fragment of text)

Słowa kluczowe

EN

Amortization; Real estate's value

PL

Amortyzacja; Wartość nieruchomości

• Czasopismo: Studia i Materiały Towarzystwa Naukowego Nieruchomości
• Rocznik: 2011
• Tom: Selected Aspects of the Cost Approach in Property Valuation
• Strony: 65--72

Twórcy

autor

Ryszard Źróbek

Bibliografia

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