Call Us: (800) 419-4923
 Call Us: +44 (0)20 3865 7701
 Call Us: (787) 822-8377
 Call Us: (437) 855-4925
Partner Engineering and Science, Inc.
Partner Engineering and Science, Inc.
You are here: Home » Resources » Glossary » Expected Useful Life (EUL)

Expected Useful Life (EUL)

The Expected Useful Life or “EUL” is the average amount of time in years that an item, component or system (in a building or property improvement) is estimated to function when installed new and assuming routine maintenance is practiced. For example, the expected useful life of a roof with a PVC membrane may be approximately 15 to 20 years.

The Expected Useful Life of building components and systems is noted in a Property Condition Assessmentand is used to help calculate expected short- and long-term capital expenses required to maintain a property. Freddie Mac and Fannie Mae refer to this term as the “Estimated Useful Life.”

Let us be your Partner

Learn how we can support your next project or share insights via our newsletter.
Terms and Conditions  |  Privacy Policy   |  Website Terms of Use  |  © 2024 Partner ESI. All rights reserved.
crossmenuarrow-up linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram