Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2017
Property Tax Annotations
790.0000 SUPPLEMENTAL ASSESSMENT
790.0195 Possessory Interests. When a possessory interest lease in real property is terminated in an assessment year and a new possessory interest lease is entered into with a new lessee for the same property, the full cash value of the new possessory interest as of the date of its creation should be added to the supplemental roll. LTA 1/28/1986 (No. 86/12).