Possessory interest definition

Possessory interest shall have the meaning set forth in Exhibit A to this Contract.

Possessory interest means an interest that exists as a result of possession or exclusive use or a right to possession or exclusive use of a property and that is unaccompanied by ownership of a fee simple or life estate in the property. However, "possessory interest" does not include an interest, whether of limited or indeterminate duration, that involves a right to exhaust a portion of a real property.

Possessory interest means any interest described in Section 107.

Examples of Possessory interest in a sentence

• Possessory interest is defined as the right of a private taxable person or entity to use property owned by a tax-exempt agency for private purposes.

• Possessory interest tax is assessed by the County of Pueblo and is the responsibility of the Lessee.

• Tenant or any other party in whom the Possessory interest is vested may be subject to the payment of property taxes levied on such interest.

• Possessory interest reimbursement provided by the DFW shall not be reported to the SCO as income subject to taxation and other withholdings when an employee completes required forms and submits them to the DFW by the date management specifies.

• In accordance with California Revenue and Taxation Code Section 107.6(a), Landlord states that by entering into this Lease, a Possessory interest in Tenant subject to property taxes will be created.

More Definitions of Possessory interest

Possessory interest means either (1) a fee interest in the Subject Property or any portion thereof or (2) the lessee’s estate in a ground lease of all or substantially all the Subject Property or portion thereof.

Possessory interest means any non-exempt interest in real property within the

Possessory interest. ’ means the par- tial or total ownership of a cabin or structure.

Possessory interest means an interest in real property which exists as a result of possession, exclusive use, or a right to possession or exclusive use of land and/or improvements unaccompanied by the ownership of a fee simple or life estate in the property. Such an interest may exist as the result of:

Possessory interest. ’ means any interest described in Section 107.

Possessory interest means as defined in ARSD 41:13:01.

Possessory interest means any interest in real property obtained under a lease, sublease, permit, easement, or right-of-way granted by the Tribe or issued by the BIA on behalf of the Tribe, for the purposes of engaging in trade or commerce.