Title: What are Land Improvements? - Definition | Meaning | Example
Headings: What are Land Improvements?
What are Land Improvements?
What Does Land Improvement Mean?
Example

Content: Improvements have a limited life and can be depreciated unlike land. What Does Land Improvement Mean? When a company buys a building, the building is usually depreciated of its useful life. The land that is purchased with the building, however, does not get depreciated. Why, you might ask? The land has an infinite life. It’s not like the building that will deteriorate over time. Land can’t be destroyed and can never be used up. Land improvements are completely separate from the land itself. That is why land improvements are considered a completely different asset than land.