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URL:https://www.learndesk.us/class/4960291886465024/lesson/abb9ec9f4c159c98145ef515be28413c?ref=outlook-calendar
SUMMARY:Physical Characteristics of Real Estate
DTSTART;TZID=America/Los_Angeles:20260515T190000
DTEND;TZID=America/Los_Angeles:20260515T200000
LOCATION:https://www.learndesk.us/class/4960291886465024/lesson/abb9ec9f4c159c98145ef515be28413c?ref=outlook-calendar
DESCRIPTION: Physical characteristics
• Immobility; indestructibility; heterogeneity.
Immobility
• Land cannot be moved from one site to another; its location is forever fixed.
Indestructibility
• Land is permanent and cannot be destroyed since by definition it extends below ground and into the sky.• Since land is permanent, it does not depreciate.• Only improvements depreciate and are insurable.
Non-homogeneity
• Land is non-homogeneous; no two parcels of land are exactly the same since they have different locations.
Physical aspects of real estate


https://www.learndesk.us/class/4960291886465024/lesson/abb9ec9f4c159c98145ef515be28413c?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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