Anything that adds to the value of property. Commonly used to describe a tenantâ€™s use interest in fixtures added to the landlordâ€™s building. May also refer to permanent changes made by a condominium unit-owner to his/her unit, such as the addition of new kitchen cabinets.
a term used to describe the property improvements made by a tenant to the apartment which he/she rents.
Tenant's modifications of leased space to fit his their particular needs. Up to 10% contents coverage inside the structure may be applied to insure against damage or destruction of improvements or betterments made by a tenant who does not carry coverage on the structure itself.