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Depreciation Expense
The allocated portion of the cost of a tangible asset over its useful life, reflecting wear and tear or obsolescence.
Land Appraised
The assessed value of land determined by an appraiser, usually for the purposes of taxation, investment analysis, or sale.
Land Improvements
Enhancements made to land to increase its value or usability, such as landscaping, fencing, or adding infrastructure like roads and utilities.
Building Appraised
The assessed value of a building, determined by a professional appraiser based on factors such as location, condition, and market trends.
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