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substantial improvement |
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substantial improvement Any alteration, improvement, reconstruction, or repair of a building, the cost of which equals or exceeds a code-specified percentage of its market value: (a) either before the work is started, or (b) if the building has been damaged and is being restored, before such damage occurred. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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