Valuable Improvement Law and Legal Definition
Valuable improvement refers to an improvement that adds permanent value to the freehold. A valuable improvement can only be made by the owner. Valuable improvement may be slight and of small value. It should be both permanent and beneficial to the property. However, where the making of permanent and valuable improvements is relied upon, such improvements must bear some relation to the value of the property, and, if they are of very slight and insignificant value, they will not have this effect.
In Morris v. Wells, 27 Tex. Civ. App. 363 (Tex. Civ. App. Dallas 1901), it was held that, a title may be vested, if the donee makes valuable improvements on a parole gift of land.
Legal Definition list
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- Anti Car Theft Improvements Act
- Board of Trustees of the Internal Improvements Trust Fund
- Broadband Data Improvement
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- Capital Improvement
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- Chronic Care Improvement Organization
- Chronic Care Improvement Program
- Consumer Product Safety Improvement Act
