The electrical outlets in Dave's home are out of compliance. This would most likely be considered what type of issue?

When assessing the situation where the electrical outlets in Dave's home are out of compliance, this primarily indicates that the outlets do not meet modern safety standards or building codes, which affects the functionality of the home. This scenario is best categorized as curable functional obsolescence.

Functional obsolescence refers to a reduction in the value of a property caused by factors that affect its usability or desirability. In this case, the outdated electrical outlets could hinder the home’s functionality, making it less appealing to potential buyers or creating safety concerns. Since these issues can typically be resolved through upgrading the electrical systems to meet current standards, it exemplifies a "curable" situation.

The other options represent different concepts related to property issues. Curable physical deterioration would refer to issues like peeling paint or damaged roofing that can be repaired. Incurable physical deterioration would relate to issues like structural damage that is too costly to fix. Incurable external obsolescence might involve factors outside the property, such as changes in the neighborhood that negatively impact property value. Given that the problem relates specifically to the property’s functionality and can be corrected, categorizing it as curable functional obsolescence is appropriate.