Section 1503 - Property tax treatment of transportable factory-built housing units.

UT Code § 59-2-1503 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

(1) a transportable factory-built housing unit that is located in a transportable factory-built housing unit park: (a) except as provided in Subsection (1)(b), is considered to be personal property; and (b) notwithstanding Subsection (1)(a), is considered to be real property if the owner of the transportable factory-built housing unit owns the real property upon which the transportable factory-built housing unit is located; and

(a) except as provided in Subsection (1)(b), is considered to be personal property; and

(b) notwithstanding Subsection (1)(a), is considered to be real property if the owner of the transportable factory-built housing unit owns the real property upon which the transportable factory-built housing unit is located; and

(2) a transportable factory-built housing unit that is not located in a transportable factory-built housing unit park: (a) except as provided in Subsection (2)(b), is considered to be personal property; and (b) notwithstanding Subsection (2)(a), is considered to be real property if the transportable factory-built housing unit is an improvement.

(a) except as provided in Subsection (2)(b), is considered to be personal property; and

(b) notwithstanding Subsection (2)(a), is considered to be real property if the transportable factory-built housing unit is an improvement.