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Simple English definitions for legal terms

improved value

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A quick definition of improved value:

Improved value refers to the total value of a piece of property, including the value of the land and any improvements made to it. Improvements can include things like buildings, landscaping, and other enhancements that increase the value of the property. When appraising a property, the improved value is taken into account to determine its overall worth.

A more thorough explanation:

Definition: Improved value refers to the total value of a property, including the value of the land and any improvements made on it.

For example, if a piece of land is worth $100,000 and a house built on it is worth $200,000, the improved value of the property would be $300,000.

Another example would be if a commercial building is constructed on a piece of land. The improved value of the property would be the value of the land plus the value of the building and any other improvements made to the property.

Improved value is an important concept in real estate appraisal as it takes into account the value of any improvements made on the land. This can include buildings, landscaping, and other enhancements that can increase the overall value of the property.

improved land | improvident

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

llama

16:16

prolly named veronica or sarah

windyMagician

16:16

@Dkk: for public defense tho?

windyMagician

16:16

Sarah in the bathroom

texaslawhopefully

16:17

@windyMagician: not at all. Michigan is also very generous with aid, so if you get enough it makes perfect sense to take it.

windyMagician

16:17

fuck okay

windyMagician

16:17

going to my dream school is crazy

KnowledgeableRitzyWasp

16:18

michigan also has better options if you do PD for 10 years then want to do something else

windyMagician

16:19

also would love to clerk for my federal district court even tho I know its hella competitive, I think mich sets me up better?

llama

16:20

would be a great point to bring up when ur deciding / visiting each place- see what recent placement looks like

texaslawhopefully

16:23

For fed clerkships by far Michigan places better. I think it’s like 14-15 percent

windyMagician

16:25

sticker debt is high-key scary tho

texaslawhopefully

16:26

I’m sure you’ll get good merit aid though. Look at Michigan’s 509 report. They’re very generous.

cheriebomb

16:34

i am going to wait patiently into january to get into a law school

cheriebomb

16:34

then i will start tweaking

texaslawhopefully

16:42

January could not come any sooner

cheriebomb

16:54

i hope you guys all have a very lovely holiday season

cheriebomb

17:02

has everyone finished procuring their presents?

cheriebomb

17:02

I got my sis a vintage leather jacket off ebay she’s gonna freak she only has fake stuff

riverstart-prize

17:09

hi all

CynicalOops

17:14

Ive been slacking so hard on tickets fawk

CynicalOops

17:14

Wait

CynicalOops

17:14

Presents

jackfrost11770

17:14

https://www.reddit.com/r/lawschooladmissions/comments/1hk7hfv/whats_your_favorite_soft_factor_youre_applying/?utm_source=share&utm_medium=web3x&utm_name=web3xcss&utm_term=1&utm_content=share_button dox oclock over here

CynicalOops

17:14

Im just gonna get everyone tickets so thats why i said that

jackfrost11770

17:14

people are so stupid on the internet its crazy

CynicalOops

17:15

T5 soft

windyMagician

17:18

that and the post asking for low gpa success stories along with every other identifying detail

KnowledgeableRitzyWasp

17:21

i should be a vtuber so i can finally realize my dream of becoming an anime girl

cheriebomb

17:23

@CynicalOops: tickets to what?

CynicalOops

17:26

I got my brother tickets to a golf tournament and im going to get my mom ski lift tickets because she just moved near a ski resort

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