Printer Friendly
Dictionary, Encyclopedia and Thesaurus - The Free Dictionary
3,900,253,206 visitors served.
forum Join the Word of the Day Mailing List For webmasters
?
Dictionary/
thesaurus
Medical
dictionary
Legal
dictionary
Financial
dictionary
Acronyms
 
Idioms
Encyclopedia
Wikipedia
encyclopedia
?

underimprovement

    0.01 sec.
underimprovement

A structure that is less than the highest and best use for a property. A residence sitting on 1 acre of land on a major retail street is an underimprovement;the property would be more valuable with a fast-food restaurant.



Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content.
?Page tools
Printer friendly
Cite / link
Feedback
Add definition
Mentioned in?  References in periodicals archive?   Financial browser?   Full browser?
No references found
 
Where the livestock ranch has become a recreation ranch in the past decade, the residence may have become an underimprovement.
However, this building then suffers from additional obsolescence because it becomes an underimprovement to the site.
Existing density may exceed that currently allowed (a factor that tends to extend remaining economic life) or represent an underimprovement (a factor that tends to shorten remaining life) to the site.
 
 
 
Financial Dictionary
?

Terms of Use | Privacy policy | Feedback | Advertise with Us | Copyright © 2012 Farlex, Inc.
Disclaimer
All content on this website, including dictionary, thesaurus, literature, geography, and other reference data is for informational purposes only. This information should not be considered complete, up to date, and is not intended to be used in place of a visit, consultation, or advice of a legal, medical, or any other professional.