Real estate transactions are routinely affected by conditions where some, but not all, of the property rights are transferred, such as sales of leased fee estates, sales of partial interests, and bifurcated property rights. Additionally, when certain exempt properties are leased to a private party, that act can generate a leasehold assessment.
This course will prepare assessors for when they come across properties with partial interests or taxable leaseholds. After completing the course, students will be able to:
Hours: 15 CE Hours