Business, Legal & Accounting Glossary
An appraiser’s estimate of the physical condition of a building, in years.
If you want to try and purchase a building you should always know what the effective age of it is.
I wanted to know the effective age and I knew I would be able to figure it out since I was an appraiser.
The effective age was determined by the appraiser who prepared the report the same day we requested it for the judge.
actual age
age-life depreciation
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This glossary post was last updated: 30th October, 2021 | 0 Views.