Legal Definition of Real and Personal Property
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- Property Tax Fundamentals
- Property Tax Rates
- Tax Limits and Truth in Taxation
- Taxable Personal Property
- Real Estate Transfer Charges
- Legal Definition of Real and Personal Property
- Assessment Administration
- The Property Tax Base
- Property Tax Classification
- Tax Base by Property Type
- Property Tax Relief and Incentive Programs
- Incentives for Economic Development
- Incentives for Specific Property Improvements
- Preferential Property Tax Programs
- Residential Property Tax Relief Programs
- Tax Treatment of Agricultural Property
- State-by-State Property Tax in Detail
- Property Tax in Detail
The definition of what constitutes real property varies across states. Real property generally includes the land itself, and all things permanently attached, such as buildings, structures and improvements. Legal provisions classify real property according to the way the property is used. This allows different classes of property, such as residential or commercial, to have different rates of taxation. The state may have a legal definition codified in state statutes, and/or a working...
The definition of what constitutes real property varies across states. Real property generally includes the land itself, and all things permanently attached, such as buildings, structures and improvements. Legal provisions classify real property according to the way the property is used. This allows different classes of property, such as residential or commercial, to have different rates of taxation. The state may have a legal definition codified in state statutes, and/or a working definition. The table entry favors the statutory definition of real property over any working definition.
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