Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2013
Property Tax Annotations
660.0000 POSSESSORY INTEREST
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.