| obsolescence |
Functional obsolescence or lack of desirability in terms of layout, style and design as compared with that of a new property serving the same function; economic obsolescence or loss in value from causes in the neighborhood, but outside the property itself.
Ãâó: www.prestigehawaii.com/reterms.html
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|---|---|
| obsolescence |
Loss in value because a home's design and construction have become obsolete.
Ãâó: houseandhome.msn.com/help/glossary.aspx
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| obsolescence |
One cause of depreciation; an impairment of desirability and usefulness caused by new inventions, changes in design, improved processes for production, or other external factors that make a property less desirable and valuable for a continued use.
Ãâó: www.accuval.net/methodology/glossary/index.php
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| obsolescence |
One of the causes of depreciation brought about by changes in design, new concepts and/or new inventions.
Ãâó: www.one-ifbyland.com/dictionary.htm
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| obsolescence |
The process of an assets value diminishing due to the development of more desirable alternatives or because of the degradation of its capabilities.
Ãâó: www.homesfornh.com/new-hampshire-mortgage/mortgage...
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