What does the term "improvements" refer to in real property?

The term "improvements" in real property specifically refers to buildings and permanent fixtures on the land. This definition encompasses any man-made structures, such as homes, commercial buildings, and other developments that are intended to enhance the utility or value of the property. These improvements are typically affixed to the land and are considered a part of the property itself.

This distinction is important in real estate because improvements can significantly affect the overall value and desirability of a property. For instance, adding a new building or renovating an existing structure can result in a higher market value for the real estate due to the increased functionality and attractiveness of the property.

In contrast, terms like increases in property value, actions taken to maintain property, and changes in ownership pertain more to the financial aspects and management of the property rather than the physical characteristics that constitute improvements. While they are relevant in the context of real estate, they do not define the term "improvements" as it is understood in real property law.