For Capital Improvement we have terms and definitions in 2 topics. The topics are Accounting and Purchasing A Home.

Capital Improvement (Accounting)

in real estateis any permanent structure or other asset added to a property that adds to its value. In generalit is any value added activity or cost to a long-term or permanent asset that increases its value.

Capital Improvement (Purchasing A Home)

Any structure or component erected as a permanent improvement to real property that adds to its value and useful life.

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