Alterations
Barron's Real Estate Dictionary:
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Alterations
Physical changes to a building or plans for a building.
Alterations generally do not physically expand property; they are permanent, not just decoration.
See remodel.
Examples: Some common alterations would be to:
• add or remove interior walls
• change plumbing or electrical fixtures
• change façade material
Alterations generally do not physically expand property; they are permanent, not just decoration.
See remodel.
Examples: Some common alterations would be to:
• add or remove interior walls
• change plumbing or electrical fixtures
• change façade material
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1. A construction project (or portion of a project) comprising revisions within or to prescribed elements of an existing structure, as distinct from additions to an existing structure.
2. Remodeling.
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Barron's Real Estate Dictionary
Dictionary of Real Estate Terms. Copyright © 2008 by Barron's Educational Series, Inc. All rights reserved.
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