Depreciable Life | Real Estate Glossary

Definition of "Depreciable life"

Economic or physical life of a fixed asset. The property is depreciated over the period benefited.

Involves the transfer of property from one individual to another for a consideration in the form of ...

This situation applied in some states when death prevents the seller of property, who has signed a r ...

Urbanized area in and around a major city. The metropolitan area may overlap county and state bounda ...

The amount of a periodic payment, whether monthly, quarterly, or annually, including interest and pr ...

Constructed in place by filling holes drilled through to bearing strata with concrete. ...

Raw land in its natural condition which has in no way been improved. ...

A subprime mortgage is a mortgage granted to a borrower who is considered subprime-that is, a person ...

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

Discover your potential monthly savings by combining your bills into a single source. Eliminate high ...

Loss of luggage Loss of travel documents Cancellation and lost deposit expenses Medical expens ...

A maintenance fee is a charge by condominium associations, co-ops, or other homeowners associations ...

An agent who is authorized to open and run his/her own agency. All real estate offices have one prin ...

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