Define: Improvements to real property
Improvements to real property means any valuable additions or enhancements affixed on [land], enhancing its value or utility
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Improvements to real property means any valuable additions or enhancements affixed on [land], enhancing its value or utility.
Relevant Circumstances
- When tenants or buyers add fixtures or extensions that increase property value
- If reversion of improvements at end of term must be set out
- Where compensation for tenant improvements is contested at lease expiry