Definitions for "UNDERIMPROVEMENT"
A repair or improvement made to a property that is not enough to make the best use of a property.An under improvement may signify a building or fixture that is lower in quality, smaller in size, or less than the average market of other similar structures or fixtures in the same area. If you are considering buying a foreclosed home for some repair work before selling, it is important to get professional advice before attempting any repairs, as under improvement can adversely affect property value.
An improvement, which is deficient in size or quality in relation to the site on which it is built.
An improvement to property that is below the standard, usual expectation.