Economic life
The period of time over which an improved property will earn an income adequate to justify its continued existence.
More Real Estate Definitons
Yard LumberRiderQuashExact InterestClerestoryLoss Of AccessNet RentalOccupancy RateMisdemeanorZoneVenueZero Lot LineKeene'S CementX-BracingZoning VariancePresumptionTownshipLeavesBaltimore RuleHalf SectionYieldObsolescenceConveyanceZero Side YardOwner'S PolicyWater TableReissue RateOptionZygocephalumWarranty DeedDomicileZoningFHA loanDeviseeTonFloor PlanNet IncomeQuadrangleDouble PitchKilnBlind CornerObligor