Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2014
Property Tax Annotations
370.0000 DOCUMENTARY TRANSFER TAX ACT
370.0005 Easements. Easements are subject to the provisions of the Documentary Transfer Tax Act if they potentially may endure for a substantial period of time, such as perpetual easements, easements for life, and easements for a fixed period of years that can be renewed by the easement holders or are of sufficient length so as to approximate perpetual easements or easements for life. OAG 3/1/1979 (No. CV 78-132, Vol. 62, p. 87).