Certified Pennsylvania Evaluator Practice Exam

What best describes 'curable' physical deterioration?

1. Structurally unsound

2. Cost-effective to repair

3. Permanent damage

4. Requires lengthy legal actions

The correct answer is: Cost-effective to repair

'Curable' physical deterioration refers to instances where the physical problems affecting a property can be effectively repaired or mitigated, often making the property more functional and valuable once these issues are addressed. Thus, when the deterioration is described as cost-effective to repair, it implies that the necessary actions can be taken to restore the property without excessive financial burden. This concept of curability indicates that the issues are not only addressable but can be resolved in a reasonable manner that justifies the expenses against the potential value added through repairs. This helps maintain or enhance the property’s overall condition and marketability. Other descriptors, such as being structurally unsound or indicative of permanent damage, suggest situations from which recovery may be difficult, expensive, or impractical, whereas lengthy legal actions would imply a dispute rather than a straightforward repair situation. Therefore, the emphasis on cost-effectiveness aligns directly with the notion of curability, as it inherently suggests that the remedy for the deterioration is accessible and reasonable.