Simple English definitions for legal terms
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Improved land refers to real estate that has been developed or built upon. This can include buildings, roads, utilities, and other structures that have been added to the land. However, it's important to note that these improvements may or may not increase the value of the land.
Improved land refers to real property that has been developed. This means that the land has been modified in some way to make it more useful or valuable. The improvements may or may not enhance the value of the land.
These examples illustrate how the land has been modified to make it more useful or valuable. Clearing a lot of trees and debris makes it easier to build on the land. Irrigating and leveling agricultural land makes it more productive. Building a commercial property with amenities like a parking lot and landscaping makes it more attractive to potential buyers or tenants.