Common use of Taxable Possessory Interest Clause in Contracts

Taxable Possessory Interest. It is the position of the University that this License does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this License.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee Licensee’s property taxes based on the Licensee’s interest in this LicenseAgreement.

Taxable Possessory Interest. It is the position of the University university that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseLicense Agreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseLicense Agreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee Licensee’s property taxes based on the Licensee’s interest in this LicenseAgreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §subsection 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseAgreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and the property interest may assess be subject to property taxation if created, and that the Licensee party in whom the possessory interest is vested may be subject to the payment of property taxes based levied on Licensee’s interest in this Licensethe interest.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess License Agreement. 10p. Civil/Criminal Law Licensees are required to abide by all applicable federal, state, county, and local laws and ordinances. Violation of applicable criminal or civil law in or outside of Student Housing facilities is basis for revocation of the Licensee property taxes based on Licensee’s interest in this LicenseLicense Agreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseAgreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseLicense Agreement.

Taxable Possessory Interest. It is the position of the University that this License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code §Section 107.6, the Licensee is hereby notified that a taxing authority may take a contrary view and may assess the Licensee property taxes based on Licensee’s interest in this LicenseLicense Agreement.