Real Property Defined
Real property for the purpose of taxation includes:
- All land, whether platted or unplatted.
- All buildings, structures or permanent improvements built upon or attached to privately-owned land.
- Any fixture permanently affixed to and intended to be annexed to land or permanently affixed to and intended to be a component of a building, structure, or improvement on land, including machinery and equipment which become fixtures.
- Privately-owned easements and easement-like privileges, irrespective of whether the servient estate is public or privately-owned land.
- Leases of real property and leasehold interests therein having a term coextensive with the life of the tenant.
- Title to minerals in place which belongs to someone other than the surface owner.
- Standing timber growing on land which belongs to the same person as the timber.
- Water rights, whether riparian, appropriative, or in the nature of an easement.
- Buildings and similar permanent improvements erected or made by a tenant on land which he does not own, and title to which is not reserved in the tenant by the lease or some other landlord-tenant agreement.
- All life estates in real property, whether created by grant or a reservation.
- All possessory rights in realty which are coextensive with the natural life of their holder.