OAR 150-308-0320
Property With Multiple Leases Assessed as One Parcel
Properties with multiple leases must be assessed as one parcel except those properties covered by 307.110(2). The statutes have no provisions for assessing multiple leaseholds of undivided parcels of real property as separate tax accounts. It is not the assessor's responsibility to divide the assessed values and tax amounts for each leasehold for the owner. The accounts shall be set up as one account and the appraisal card(s) shall reflect the value of the entire parcel. Only buildings, machinery and equipment or fixtures owned separately from other associated property shall be separately assessed.
Amendment history
Renumbered from 150-308.215(1)-(B), REV 57-2016, f. 8-13-16, cert. ef. 9-1-16
Source: view the official text
In this chapter (40 sections)
- 150-308-0130 · Definitions
- 150-308-0140 · Computation of Changed Property Ratio for Centrally…
- 150-308-0150 · Net Capitalized Additions
- 150-308-0160 · Minor Construction
- 150-308-0170 · Establishing a Changed Property Ratio
- 150-308-0180 · Definition of Affected
- 150-308-0190 · Subdivided and Partitioned Property MAV
- 150-308-0200 · Rezoned Property — Calculating Maximum Assessed Value…
- 150-308-0210 · Omitted Property—Allocating Maximum Assessed Value (MAV)
- 150-308-0220 · Exemption, Partial Exemption or Special Assessment…
- 150-308-0230 · Calculation of Maximum Assessed Value (MAV) for Lot Line…
- 150-308-0240 · Real Property Valuation for Tax Purposes
- 150-308-0245 · Partial Exemptions and Special Assessments of Land
- 150-308-0250 · Derivation of Capital Structure and Discount Rates for…
- 150-308-0260 · Industrial Property Valuation for Tax Purposes
- 150-308-0270 · Valuation of Contaminated Property
- 150-308-0280 · Measuring Functional Obsolescence in Industrial Property
- 150-308-0290 · Effective Tax Rate
- 150-308-0300 · Valuation Review of State-appraised Industrial Property.
- 150-308-0310 · Real Market Value and Property Classification as Part of…
- 150-308-0320 · Property With Multiple Leases Assessed as One Parcel
- 150-308-0330 · Contents of Assessment Roll for Condominiums
- 150-308-0340 · Printout or Microfiche Required When Assessment and Tax…
- 150-308-0350 · Filing Requirements for Certain Delayed Annexations by…
- 150-308-0355 · Filing Requirements for Boundary Changes
- 150-308-0360 · Appraisals of Real Property by Registered Appraisers
- 150-308-0370 · Determining Taxable Value for Assessment Charges on…
- 150-308-0380 · Appraisal of Real Property
- 150-308-0390 · Agricultural Land Devoted to Agricultural Purposes;…
- 150-308-0400 · Stipulation Procedures
- 150-308-0410 · Cancellation of Personal Property Assessments
- 150-308-0420 · Exemption of Watercraft Undergoing Repairs
- 150-308-0430 · Valuation of New Construction
- 150-308-0440 · Confidentiality — Returns of Taxable Property
- 150-308-0450 · Industrial Property Returns — Incomplete Returns and…
- 150-308-0470 · County Contractors Having Access to Confidential Records
- 150-308-0480 · Confidentiality of Property Tax Information for…
- 150-308-0490 · Appraisal and Valuation of Industrial Plants
- 150-308-0500 · Confidentiality of Industrial Plant Information
- 150-308-0510 · Definition of Destroyed or Damaged