The purchase of a property that included land, building, and related improvements is called a lump-sum or basket purchase.

Name: The purchase of a property that included land, building, and related improvements is called a lump-sum or basket purchase.
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A lump-sum or basket purchase is a type of transaction in which a buyer purchases multiple assets together in one transaction. This can include land, buildings, and other related improvements as a package deal.

The Purchase of a Property That Included Land, Building, and Related