Locational obsolescence financial definition of locational obsolescence
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locational obsolescence
locational obsolescence
See
external obsolescence
.
The Complete Real Estate Encyclopedia by Denise L. Evans, JD & O. William Evans, JD. Copyright © 2007 by The McGraw-Hill Companies, Inc.
References in periodicals archive
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Under the ACV method, a deduction is made for depreciation due to age, use, and neglect, but functional and
locational obsolescence
do not apply.
"The 50% FEMA Rule Appraisal"
"We will see rolling cycles, but no major downturn," said Lachman, who expects functional and
locational obsolescence
to help support demand for most property types.
Securitization continues to reshape real estate
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