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remaining economic life |
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remaining economic life The number of years between the date of an appraisal and the date a property improvement will cease to have any economic value, even if it will still be structurally sound. A solidly built parking deck with short ceiling heights, narrow lanes, and tight turning radii might have a limited remaining economic life because most modern cars, particularly trucks and SUVs,cannot use the deck. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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