Capital Improvement


Definition of "Capital improvement"

Marlene Price & Sharon W. Kohl
  Weichert Realtors

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.


Search Real Estate Glossary

 

Related Real Estate Glossary terms

False Imprisonment

Tort of wrongful physical confinement of an individual. This is not restricted to physical confineme ...

Ambulatory

Covered passage or sheltered area within the walls or a building, or between the columns and walls o ...

DBA (Doing Business As)

Certification by a state that a principal is doing business under an assumed name. The certificate ...

Book Cost

Expenditures incurred to initially purchase property, including incidental costs necessary to put th ...

Asset Share Value

Policyholder's equity share of the life insurance company's assets. The share is based on the policy ...

Expiration Notice

Written notice to an insured showing date of termination of an insurance policy. ...

Related Real Estate FAQ

How Much Will My Principal Be?

This calculator figures your principal balance after any number of payments. Input the beginning pri ...

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

What Does Fannie Mae Mean?

Fannie Mae is a name used by the Federal National Mortgage Association, which is a government-charte ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is A Front-end Ratio?

A front-end ratio is a ratio of the borrowers monthly housing expenses-including principal, interest ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Should you Buy a Home with Cash? What is Hazard Insurance? 3 tips to ensure your sale goes through Home Prices - The Extra Costs 5 signs of house foundation problems

FAQ

What is a treasury index? What are prepayment penalties? What is title insurance? What do I need to know about Renters Insurance, and what does it cover? What is a foreclosure?