{"id":3272,"date":"2022-09-13T18:21:17","date_gmt":"2022-09-13T18:21:17","guid":{"rendered":"https:\/\/development-partneresi-clients.connect.media\/?post_type=glossary&p=3272"},"modified":"2023-07-19T09:39:23","modified_gmt":"2023-07-19T16:39:23","slug":"expected-useful-life-eul","status":"publish","type":"glossary","link":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/","title":{"rendered":"Expected Useful Life (EUL)"},"content":{"rendered":"<p>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.<\/p>\n<p>The Expected Useful Life of building components and systems is noted in a <a href=\"https:\/\/www.partneresi.com\/services\/building-assessments\/property-condition-assessments\" target=\"_blank\" rel=\"noopener\">Property Condition Assessment<\/a>and 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 \u201cEstimated Useful Life.\u201d<\/p>\n","protected":false},"featured_media":11072,"parent":0,"menu_order":157,"template":"","categories":[1],"letter":[1141],"tags":[],"services-tag":[],"class_list":["post-3272","glossary","type-glossary","status-publish","has-post-thumbnail","hentry","category-uncategorized","letter-e"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.5 (Yoast SEO v23.5) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Expected Useful Life (EUL) Definition | Partner ESI<\/title>\n<meta name=\"description\" content=\"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Expected Useful Life (EUL)\" \/>\n<meta property=\"og:description\" content=\"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/\" \/>\n<meta property=\"og:site_name\" content=\"Partner Engineering and Science, Inc.\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/pages\/Partner-Engineering-and-Science-Inc\/107586855937581\" \/>\n<meta property=\"article:modified_time\" content=\"2023-07-19T16:39:23+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/partneresi.com.prod.mindgruve.com\/wp-content\/uploads\/2023\/08\/TB3.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"700\" \/>\n\t<meta property=\"og:image:height\" content=\"467\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:site\" content=\"@Partner_ESI\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/\",\"url\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/\",\"name\":\"Expected Useful Life (EUL) Definition | Partner ESI\",\"isPartOf\":{\"@id\":\"https:\/\/www.partneresi.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg\",\"datePublished\":\"2022-09-13T18:21:17+00:00\",\"dateModified\":\"2023-07-19T16:39:23+00:00\",\"description\":\"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage\",\"url\":\"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg\",\"contentUrl\":\"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg\",\"width\":700,\"height\":467,\"caption\":\"Tall Commerical Real Estate Skyscrapers With Blue Tint\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/partneresi.com.prod.mindgruve.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Resources\",\"item\":\"https:\/\/www.partneresi.com\/resources\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Glossary\",\"item\":\"https:\/\/www.partneresi.com\/resources\/glossary\/\"},{\"@type\":\"ListItem\",\"position\":4,\"name\":\"Expected Useful Life (EUL)\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.partneresi.com\/#website\",\"url\":\"https:\/\/www.partneresi.com\/\",\"name\":\"Partner Engineering and Science, Inc.\",\"description\":\"Engineers Who Understand Your Business\",\"publisher\":{\"@id\":\"https:\/\/www.partneresi.com\/#organization\"},\"alternateName\":\"Partner ESI\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.partneresi.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.partneresi.com\/#organization\",\"name\":\"Partner Engineering and Science, Inc.\",\"alternateName\":\"Partner ESI\",\"url\":\"https:\/\/www.partneresi.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.partneresi.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.partneresi.com\/wp-content\/uploads\/2022\/09\/cropped-favicon.png\",\"contentUrl\":\"https:\/\/www.partneresi.com\/wp-content\/uploads\/2022\/09\/cropped-favicon.png\",\"width\":512,\"height\":512,\"caption\":\"Partner Engineering and Science, Inc.\"},\"image\":{\"@id\":\"https:\/\/www.partneresi.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/pages\/Partner-Engineering-and-Science-Inc\/107586855937581\",\"https:\/\/x.com\/Partner_ESI\",\"https:\/\/www.linkedin.com\/company\/1894937\/\",\"https:\/\/www.instagram.com\/partneresi\/\",\"https:\/\/www.tiktok.com\/@partner_engineering\"]}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Expected Useful Life (EUL) Definition | Partner ESI","description":"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/","og_locale":"en_US","og_type":"article","og_title":"Expected Useful Life (EUL)","og_description":"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.","og_url":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/","og_site_name":"Partner Engineering and Science, Inc.","article_publisher":"https:\/\/www.facebook.com\/pages\/Partner-Engineering-and-Science-Inc\/107586855937581","article_modified_time":"2023-07-19T16:39:23+00:00","og_image":[{"width":700,"height":467,"url":"https:\/\/partneresi.com.prod.mindgruve.com\/wp-content\/uploads\/2023\/08\/TB3.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_site":"@Partner_ESI","twitter_misc":{"Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/","url":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/","name":"Expected Useful Life (EUL) Definition | Partner ESI","isPartOf":{"@id":"https:\/\/www.partneresi.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage"},"image":{"@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage"},"thumbnailUrl":"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg","datePublished":"2022-09-13T18:21:17+00:00","dateModified":"2023-07-19T16:39:23+00:00","description":"The Expected Useful Life is the average amount of time in years that an item, component or system is estimated to function when installed.","breadcrumb":{"@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#primaryimage","url":"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg","contentUrl":"https:\/\/www.partneresi.com\/wp-content\/uploads\/2023\/08\/TB3.jpg","width":700,"height":467,"caption":"Tall Commerical Real Estate Skyscrapers With Blue Tint"},{"@type":"BreadcrumbList","@id":"https:\/\/www.partneresi.com\/resources\/glossary\/expected-useful-life-eul\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/partneresi.com.prod.mindgruve.com\/"},{"@type":"ListItem","position":2,"name":"Resources","item":"https:\/\/www.partneresi.com\/resources\/"},{"@type":"ListItem","position":3,"name":"Glossary","item":"https:\/\/www.partneresi.com\/resources\/glossary\/"},{"@type":"ListItem","position":4,"name":"Expected Useful Life (EUL)"}]},{"@type":"WebSite","@id":"https:\/\/www.partneresi.com\/#website","url":"https:\/\/www.partneresi.com\/","name":"Partner Engineering and Science, Inc.","description":"Engineers Who Understand Your Business","publisher":{"@id":"https:\/\/www.partneresi.com\/#organization"},"alternateName":"Partner ESI","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.partneresi.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.partneresi.com\/#organization","name":"Partner Engineering and Science, Inc.","alternateName":"Partner ESI","url":"https:\/\/www.partneresi.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.partneresi.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.partneresi.com\/wp-content\/uploads\/2022\/09\/cropped-favicon.png","contentUrl":"https:\/\/www.partneresi.com\/wp-content\/uploads\/2022\/09\/cropped-favicon.png","width":512,"height":512,"caption":"Partner Engineering and Science, Inc."},"image":{"@id":"https:\/\/www.partneresi.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/pages\/Partner-Engineering-and-Science-Inc\/107586855937581","https:\/\/x.com\/Partner_ESI","https:\/\/www.linkedin.com\/company\/1894937\/","https:\/\/www.instagram.com\/partneresi\/","https:\/\/www.tiktok.com\/@partner_engineering"]}]}},"_links":{"self":[{"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/glossary\/3272"}],"collection":[{"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/glossary"}],"about":[{"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/types\/glossary"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/media\/11072"}],"wp:attachment":[{"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/media?parent=3272"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/categories?post=3272"},{"taxonomy":"letter","embeddable":true,"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/letter?post=3272"},{"taxonomy":"tags","embeddable":true,"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/tags?post=3272"},{"taxonomy":"services-tag","embeddable":true,"href":"https:\/\/www.partneresi.com\/wp-json\/wp\/v2\/services-tag?post=3272"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}