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RTDRS depreciation tip sheet

Description

Depreciation is the amount of expected wear and tear on property over time for which a reduction in valuation may be made. This tip sheet presents the depreciation table used by tenancy dispute... More ≫

Description

Depreciation is the amount of expected wear and tear on property over time for which a reduction in valuation may be made. This tip sheet presents the depreciation table used by tenancy dispute officers when calculating awards in certain types of applications. While a tenancy dispute officer will base their decision on the particular circumstances of each case, a depreciation table serves as a useful guideline.

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