Economic Obsolescence Definition - Real Estate License Wizard
Economic Obsolescence Definition - Real Estate License Wizard
Feb 25, 2019
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External or economic obsolescence means the loss of value becau... | Filo
External or economic obsolescence means the loss of value becau... | …
8 months ago
askfilo.com
Word #20 Real estate words nobody explains… Economic Obsolescence Loss of value from outside factors like location or environment. 🧠 Memory trick: “The problem is outside.#NewRealtor #realestatestudent #PassYourExam
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Word #20 Real estate words nobody explains… Economic Obsolescen…
76 views2 months ago
TikTokangelaflrealtor3
🧠 Question of the Day #21 What type of depreciation is caused by external factors affecting the property? Is it: A. The sales comparison (market data) approach B. Functional obsolescence C. Economic obsolescence D. Economic life What’s your answer? 👇 The correct answer is C - Economic Obsolescence. Economic obsolescence occurs when something outside the property causes a loss in value. Think about things like: • A highway built next to the property • A factory or prison nearby • Economic decli
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🧠 Question of the Day #21 What type of depreciation is caused by exter…
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