Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Property Tax Annotations


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P

660.0000 POSSESSORY INTEREST

Annotation 660.0270

660.0270 Solar Energy Facility. Under the terms of a lease, company received the right to build and operate a solar energy facility on county-owned property. Because the company's possession of the county-owned land subject to the lease is independent, durable, and exclusive of rights held by others in the real property, and provides a private benefit to the possessor, the creation of the possessory interest in the land was a change in ownership pursuant to Revenue and Taxation Code section 61(b). C 4/4/2011.