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<br />condition should be a major determinate <br />of depreciated replacement value. <br /> <br />age <br /> <br />Age may not be a highly significant <br />factor in itself, except that it may <br />serve as an indicator of condition and <br />building material, It would be more <br />accurate to survey the other factors <br />separately, <br /> <br />content location <br /> <br />Arrangement of contents is an important <br />factor in determining depth-damage <br />relationships, These relationships <br />could be expected to be somewhat <br />homogenous for commercial business, <br />particularly chain stores, Industrial <br />property should be surveyed individually <br />to determine how the arrangement of <br />contents will affect the depth-damage <br />relationship. <br /> <br />Institutional Factors <br /> <br />flood warning Major reductions in both content and <br />structural loss can be made through flood <br />fighting and evacuation activities when <br />there is adequate warning, <br /> <br />Sources, Generalized damage functions are computed for either <br /> <br />post-flood surveys or synthetic estimates, Generalized functions are <br /> <br />sometimes as accurate as building-by-building estimates of susceptibility, <br /> <br />but they should be field-checked whenever they are applied, Knowledge is <br /> <br />required of the critical variables that could influence damages in the <br /> <br />area where the generalized curves were derived, and in the area where they <br /> <br />might be applied, <br /> <br />Post-flood damage surveys are the most accurate way to determine the <br /> <br />susceptibility of any property to various levels of inundation. Limited <br /> <br />availability of study funds and lack of specific authorization to study an <br /> <br />area often result in the delay of survey for some time after a major <br /> <br />V-38 <br />