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Appreciation

The increase in value of real property or other assets over time.

Limited application to common assets and in depreciation reports other than measured as current replacement costs of remediation.

About Author: Jean-François

With experience gained in construction, project management, field reviews, inspections, report writing and as strata president, J.-F. has cross-industry expertise guaranteeing that you will participate in a process geared to improving the corporation's finances and to setting the condo | strata board | council's planning to stand the test-of-time.