Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
170.0086 Safe Harbor Lease Transactions. A safe harbor lease has no bearing on the fair market value of the property for assessment purposes. The value of a property is the value of all the rights and benefits that are capable of private ownership, and that value is not altered when the owner of a property conveys some of those rights to another. LTA 1/13/1984 (No. 84/07).