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FUNCTIONAL OBSOLESCENCE [7 records]

Record 1 2018-06-06

English

Subject field(s)
  • Merchandising Techniques
  • Real Estate
CONT

Functional obsolescence is a reduction in the usefulness or desirability of an object because of an outdated design feature, usually one that cannot be easily changed. The term is commonly used in real estate, but has a wide application.

French

Domaine(s)
  • Techniques marchandes
  • Immobilier
CONT

[...] l'obsolescence peut être divisée en deux grands types : obsolescence fonctionnelle (technique); obsolescence psychologique (désir et modes) [...]

Spanish

Save record 1

Record 2 2012-05-22

English

Subject field(s)
  • Property Law (common law)
DEF

Those items of physical deterioration and functional obsolescence that are customarily repaired or replaced because the enhancement in the value of the property by curing exceeds the cost of curing. Example : broken window.

French

Domaine(s)
  • Droit des biens et de la propriété (common law)
DEF

Éléments qui font l'objet d'une détérioration matérielle ou d'une désuétude fonctionnelle et qui sont habituellement réparés ou remplacés parce que leur contribution à la valeur de la propriété dépasse le coût des réparations. Par exemple, le remplacement d'une fenêtre brisée.

OBS

Fiche terminologique en transactions immobilières fournie par le ministère des Affaires indiennes.

Spanish

Save record 2

Record 3 1988-07-11

English

Subject field(s)
  • Real Estate
DEF

Those items of physical deterioration and functional obsolescence which are economically feasible to cure and hence are customarily repaired or replaced by a prudent property owner. The estimate of this depreciation is usually computed as a dollar amount of the cost-to-cure.

French

Domaine(s)
  • Immobilier

Spanish

Save record 3

Record 4 1988-07-11

English

Subject field(s)
  • Real Estate
DEF

Elements of physical deterioration or functional obsolescence which either cannot be corrected; or, if possible to correct, cannot be corrected except at a cost in excess of their contribution to the value of the property.

French

Domaine(s)
  • Immobilier

Spanish

Save record 4

Record 5 1983-03-28

English

Subject field(s)
  • Urban Planning
OBS

Functional obsolescence which may be corrected or cured when the cost of replacing the outmoded or unacceptable component is at least offset by the anticipated increase in utility, and hence ultimately in value, resulting from the replacement.

French

Domaine(s)
  • Aménagement urbain
OBS

Terme proposé par l'auteur pour remplacer l'expression "désuétude fonctionnelle curable" employée pour désigner la désuétude qui "touche des éléments de la construction dont le coût de remplacement ou de réparation est égal ou inférieur à la valeur qui en résulterait." Il faut éviter de dire qu'une désuétude fonctionnelle est "curable" puisqu'en français cet adjectif appartient au domaine de la médecine. C'est sous l'influence de l'anglais qu'on l'emploie pour qualifier la désuétude fonctionnelle.

Spanish

Save record 5

Record 6 1983-03-28

English

Subject field(s)
  • Urban Planning
CONT

the difference between reproduction cost new or replacement cost new of the improvements and the present worth of those improvements, both measured as of the date of the appraisal. In measuring accrued depreciation, the appraiser is interested in identifying and measuring the loss in utility experienced by the subject structure in its present condition, as compared to the utility it would have as a new improvement representing the highest and best use of the site. The expression "accrued depreciation" is by far the most frequently used of these two terms. The concept represented by it is sometimes closely related to "depreciation" and this is why "accrued depreciation" is also said to be function of physical deterioration, functional obsolescence and economic obsolescence.

French

Domaine(s)
  • Aménagement urbain
CONT

Différence entre le coût de remplacement neuf et la valeur actuelle. C'est la dévalorisation déjà (subie). La dépréciation accumulée se rapproche souvent de la notion représentée par le terme "dépréciation" employé seul.

Spanish

Save record 6

Record 7 1981-12-03

English

Subject field(s)
  • Urban Housing
  • Finance
OBS

A method of estimating accrued depreciation which considers and estimates separately the deduction for physical deterioration, functional obsolescence and economic obsolescence. The several estimates are then added to provide a lump-sum deduction from reproduction cost new.

French

Domaine(s)
  • Habitation et logement (Urbanisme)
  • Finances
OBS

Procédé [...] axé sur l'identification et la catégorisation des diverses causes de dépréciation. Chacune des catégories appelle des moyens de mesure ou de répartition particuliers. Selon l'état du bâtiment et les conditions économiques touchant l'immeuble, chaque catégorie de déficience est établie séparément et déduite du coût de reproduction ou de remplacement neuf.

Spanish

Save record 7

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