"Cracked paint" refers to the condition when the layer of paint on a surface becomes damaged and splits into small pieces, exposing the material underneath. Full definition
Its surface was badly damaged, with cracked paint and parts of the image worn away. (sciencemag.org)
Let me run this by you: It looks like someone has previously painted over walls that had cracked paint on them. (biggerpockets.com)
Sun cracked paint and cracked dash other than that perfect has dual exhaust and glass packs 5000 firm great car with a lot of history no rust was (cars.trovit.com)