RealEstatePracticeTest
Home
Free Trial
Practice Tests
Real Estate Exam Prep
Get Licensed
Private Tutoring
Blog
More
Login
Start Now
Open main menu
Wasting Assets
Assets which, by use or lapse of time, are consumed or reduced in book value, irrespective of market fluctuation. Includes oil, minerals, patent rights, franchises for a fixed term, etc. Also called "diminishing assets"; "wasting property".
Previous
Next
More Real Estate Definitons
B.T.U.
Presumption
Seal(S)
Jerry-Built
Interim Loan
Quoin
Quasi
Payoff
Kickbacks
Belt Highway
Backup Offer
Flat Lease
Watt-Hour
X-Bracing
In Re
Hydrograph
Kiln
Project
Economic Base
Valley Flashing
Joint
Hiatus
Donee
Room
On Rail
Laches
Use Value
Offset
Jurisdiction
Granting Clause
Grain
Oral Appraisal
Endorsement
Official Map
Coign, Coigne
Condemnee
Zoning
Resort Property
Yard Lumber
Overhang
Yard
Dispossess
Back To Glossary