Dilapidation (noun)

1. The state of being in disrepair or decay, typically as a result of neglect.
2. The act of neglecting or allowing something to fall into disrepair.

Origin:

From the latin word "dilapidare" meaning "to squander, to waste, to ruin".

Examples:

1. The house was in a state of dilapidation.
2. The building was condemned due to dilapidation.
3. The dilapidation of the bridge made it unsafe for vehicles.
4. The owner was responsible for the dilapidation of the property.
5. The dilapidation of the infrastructure caused the collapse of the bridge.