Remaining Economic Life

Concept of Remaining Economic Life in the context of Real Property

A short definition of Remaining Economic Life: number of years between the time of an appraisal and the point in time when an improvement becomes economically valueless.

Concept of Remaining Economic Life in the context of Real Property

A short definition of Remaining Economic Life: number of years between the time of an appraisal and the point in time when an improvement becomes economically valueless.