Taxable Possessory Interest. It is the position of the University that this Student Housing License Agreement does not create a taxable possessory interest in real property. However, pursuant to Revenue and Taxation Code 107.6, Licensee is hereby notified that a taxing authority may take a contrary view and may assess Licensee property taxes based on Licensee's interest in this Student Housing License Agreement.
Appears in 6 contracts
Sources: Student Housing License Agreement, Student Housing License Agreement, Student Housing License Agreement