0
What else can I help you with?
What is the purpose of seawall construction?
The purpose of seawall construction is to improve properties near water by preventing the water from eroding or flooding the land near the property. Erosion and flooding can do serious damage to the property and can cause problems for building built near water.
What are the advantage and disadvantage of insurance in construction?
There aren't really advantages or disadvantages of insurance in construction, but instead insurance helps project owners, developers, and contractors mitigate their financial risk during the construction project. Construction has property exposure, liability exposure, and work comp exposure that need to be insured at a minimum. Chris Larmore - Parenti Insurance
What is the effect of resistance of the flow of current?
Thet resistor opposes the flow of current through it becoz of its internal construction. Its material has opposing property.
What is year of construction surcharge?
The year of construction surcharge is an additional fee applied to property taxes or assessments based on the age of a building. Typically, newer constructions may incur higher surcharges due to increased property values and potential amenities. Conversely, older buildings might benefit from lower surcharges, reflecting depreciation or different market conditions. This surcharge can vary by jurisdiction and is often used to fund local infrastructure or services.
What are the types of insurance in construction industry?
The major types of insurance in the construction industry areInsurance of the works, Plants &Equipmentagainst lose, damage etc also called contractor's all risk (CAR) insuranceThird party insurance (insurance against third party property damage or lose)Workers compensation insuranceProfessionalindemnityinsuranceRarely some countries like in the middle east have decennial insurance (for period of 10yrs after construction)
What is property obsolescence?
Property obsolescence refers to a decrease in the value of a property due to various factors that make it less desirable or functional over time. This can be caused by physical deterioration, changes in market demand, or advancements in technology that render the property outdated. There are typically three types of obsolescence: physical, functional, and economic. Understanding obsolescence is crucial for property valuation and investment decisions.
What is economical obsolescence?
economic obsolescence
What part of speech is obsolescence?
Obsolescence is a noun.
When do you start paying the construction loan?
You start paying the construction loan after the construction is completed and the property is ready for occupancy.
When using the cost approach improvements and land are valued how?
In the cost approach, improvements are valued based on the current cost to replace or reproduce them, adjusted for depreciation. This involves estimating the cost of construction materials and labor, then subtracting any accrued depreciation from factors like physical wear and tear, functional obsolescence, or external obsolescence. The land is valued based on comparable sales or market data, reflecting its highest and best use. The total value of the property is the sum of the land value and the depreciated value of the improvements.
What it is a semitude Construction/Property related?
yes
Can construction block access to my property?
Yes, construction can block access to your property if it obstructs the usual entry points or pathways. It is important to communicate with the construction team or relevant authorities to ensure alternative access arrangements are made during the construction period.
what does obsolescence mean?
obsolescene
What is managerial obsolescence?
Managerial Obsolescence is a situation where Managers cannot keep up with the latest technology or are not as well-qualified.
What is an example sentence using the word obsolescence?
With the advent of the personal computer, the typewriter has been in obsolescence for many years.
Is obsolescence a part of Depreciation?
yeah
Where can one find information about obsolescence?
One of the best sources for the study of obsolescence is the book "Strategies to the Prediction, Mitigation, and Management of Product Obsolescence" by Bjorn Bartels, et al. Check your local library or Google books to get a copy.
