Transaction Underway.
Last updated 08-20-2026
California Department of Real Estate
Updated 08-20-2026
Transaction Underway.
FROSTLINE — The depth of frost penetration in the soil. Varies in different parts of the country. Footings should be placed below this depth to prevent movement. application plus the gross margin stated in the note. FUNCTIONAL OBSOLESCENCE — A loss of value due to adverse factors from within the structure which affect the utility of the structure, value and marketability. FUTURE BENEFITS — The anticipated benefits the present owner will receive from the property in the
California Department of Real Estate Glossary
California Department of Real Estate · p. 16
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