California Real Estate Practice Exam

A. Economic obsolescence incurable refers to a decrease in the property's value due to external factors such as changes in the neighborhood or surrounding area. This is not the cause of a house in need of painting.

C. Functional obsolescence refers to a decrease in the property's value due to the design or layout of the house no longer meeting the needs or desires of buyers. This is not the cause of a house in need of painting.

D. Physical deterioration incurable refers to damage or wear and tear to the property that cannot be repaired, often due to neglect or lack of maintenance. While this can contribute to the need for painting, it is not the primary cause.

B. The correct answer, physical deterioration curable, refers to the natural wear and tear that a home experiences over time and can be remedied through repairs or maintenance, such as painting. This is the most likely cause of a house in need of painting.