To determine the accrued depreciation for a property, a buyer’s best resource is a(n):
Correct Answer
B) accountant.
A licensed appraiser is trained and credentialed specifically to measure accrued depreciation using recognized methodologies such as the age-life method, the observed condition (breakdown) method, and the sales comparison extraction method. Under California Business and Professions Code §11300 et seq., appraisers must meet rigorous education and experience standards precisely because valuation tasks like depreciation analysis require professional competence. No other professional listed has the specialized training or legal authority to render a credible depreciation opinion for real property.
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