#1710

A local construction company recently purchased 75 acres of land and decided to build a number of storage facilities on the property for the storage of building matrerials and machinery.

What is the most significant and notable condition which has been satisfied by the construction of the storage facilities on the property ?

The construction of the the storage facilities on the property establishes inprovement of the property.

When an improvement is built on a parcel of land it can have an impact on the land's value.

Improvements can also have an effect on the land and neighborhoods surrounding it as well.

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Posted by David Saks on 06/18/2012 07:48 AM   Comments (0)   Education in the Training Channel   theory and practice  
Originally posted at: David Saks: Real Estate Practice : Lesson 1710
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