Capital Improvement
Definition of "Capital improvement"
Costs incurred in connection with real property that increase its cost basis or worth, such as a new roof, an additional room, or paneling a room.
Popular Real Estate Terms
Partial fulfillment. Pro tanto is normally used in relation to the partial satisfaction of a claim. For example, a pro tanto settlement in an eminent domain action will not prejudice any ...
See effective tax rate. ...
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Relationship between individuals or entities whereby rights given to one are returned in kind to the other. An example is where one person has the right to use facilities of another with ...
Certificates that pass-through principal and interest payments to investors. ...
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Conifer wood, such as pine and redwood. ...
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