Obsolescence

Definition:   a cause of depreciation in a property, can be external or functional

Pronunciation:  \ˌäb-sə-ˈles-əns\

Used in a Sentence:   The lack of enough bathrooms in the house is an example of functional obsolescence.

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  • Buyer Representation

    Buyer Representation

      We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...

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    Buyer Representation

      We are thrilled to invite you to an exclusive live broadcast happening today at 12 PM Noon Eastern. This session is tailored for real estate professionals eager to stay...

    2 comments
  • CE vs Post Renewals

    CE vs Post Renewals

      What is required to renew your real estate license?Depending on wether this is your first renewal will determine which courses you must take to satisfy your Florida continuing education or post licensing requirement.Already completed...

    CE vs Post Renewals

      What is required to renew your real estate license?Depending on wether this is your first renewal will determine which courses you must take to satisfy your Florida continuing education or post licensing requirement.Already completed...

  • Importance of Post Licensing

    Importance of Post Licensing

    Why You Need it More than Pre-Licensing What is post licensing and why is it the most important course that we offer? Watch this live broadcast where we delve into...

    Importance of Post Licensing

    Why You Need it More than Pre-Licensing What is post licensing and why is it the most important course that we offer? Watch this live broadcast where we delve into...

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