remaining useful life

(1) “Remaining useful life” defined For purposes of this title, 1 the term “remaining useful life” means, with respect to eligible low-income housing, the period during which the physical characteristics of the housing remain in a condition suitable for occupancy, assuming normal maintenance and repairs are made and major systems and capital components are replaced as becomes necessary.

Source

12 USC § 4112(c)(1)


Scoping language

None identified. Default scope is assumed to be the entire title.
Is this correct? or