# ASC 360-972-35: Property, Plant, and Equipment — Real Estate—Common Interest Realty Associations — 35 Subsequent Measurement

Source: FASB Accounting Standards Codification, Basic View

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## ASC 360-972-35: 35 Subsequent Measurement

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##### [360-972-35-1](https://asc.understandingaccounting.org/asc/360/972/#360-972-35-1)

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Property and equipment recognized as assets by common interest realty associations shall be depreciated based on their estimated useful lives.