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Actual Age

Refers to the actual chronological age of a component and/or its elements expressed in calendar year(s).

The chronological age of a component or element is the starting point of the physical analysis, and the effective age refines the actual age to reflect deterioration and wear, or depreciation.

About Author: Jean-François

With experience gained in construction, project management, field reviews, inspections, report writing and as strata president, J.-F. has cross-industry expertise guaranteeing that you will participate in a process geared to improving the corporation's finances and to setting the condo | strata board | council's planning to stand the test-of-time.