Definition: an economic law of value; no prudent buyer will pay more for a property than the cost of an equally desirable replacement property
Pronunciation: \ˈprin(t)-s(ə-)pəl\ \ˌsəb-stə-ˈtü-shən\
Used in a Sentence: The principal of substitution sets an upper limit of value for a property by establishing the cost of acquiring an equally desirable substitute property on the open market.
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...
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...
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...
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...
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...
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...
