Incurable external obsolescence

A property located near a large landfill would most likely suffer from:

  1.  curable functional obsolescence
  2.  incurable functional obsolescence
  3.  incurable external obsolescence
  4.  curable external obsolescence

The answer is C.  Because a landfill is not in or on the property itself it is considered an external obsolescence – which is always incurable simply because of the fact that the homeowner has no control over it.