Improvement Legal Meaning and Definition
Here is a simplified definition of the legal term Improvement.
Improvement (noun):
- The act or process of making something better or more advanced. This can relate to situations, objects, places, or conditions.
Example: The improvement of his health was noticeable after he started a regular exercise routine. - In the context of real estate law, an improvement refers to a permanent addition or change to a property that enhances its value or utility, or adapts it for a new or better use.
Example: Planting trees or building a garage on a land are types of improvements, which usually increase the property's value.