Strata Management Licensing Practice Exam · Question
Depreciation report required for strata of size:
SPA depreciation report rule. The correct answer is "5 or more lots; obtained every 5 years". This reflects the accepted standard for the strata-management asse
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Question: Depreciation report required for strata of size:
Answer options: ✅ 5 or more lots; obtained every 5 years
- Any size
- 1 lot
- 30+
Correct answer: 5 or more lots; obtained every 5 years
Explanation: SPA depreciation report rule. The correct answer is "5 or more lots; obtained every 5 years". This reflects the accepted standard for the strata-management assessment and aligns with the official handbook for this competency.
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