42-15301. Definition of possessory improvement In this article, unless the context otherwise requires, " possessory improvement" means all residential, commercial and industrial buildings, together with appurtenant awnings, decks, docks, garages, carports, storage or other incidental buildings, located on federal, state, county or municipal property or the property of another political subdivision of this state that […]
42-15302. Valuation of possessory improvements The assessor shall use standard appraisal methods and techniques to value possessory improvements.
42-15303. Determining limited property value of possessory improvements The limited property value of possessory improvements shall be calculated pursuant to chapter 13, article 7 of this title and is not subject to the exemption for personal property as set forth in section 42-13304.
42-15304. Tax levy of possessory improvements A. Ownership of improvements on government property shall be considered sufficient security for the payment of taxes levied thereon and may be placed on the real property roll. B. If the tax on any possessory improvement remains unpaid at the date set for selling the real property tax liens, […]
42-15305. Applicability This article does not alter the definition of, or the characteristics used to determine ownership under applicable law.
