Indiana Statutes
§ 6-1.1-10-37 — Leases of exempt property; effect
Indiana § 6-1.1-10-37
This text of Indiana § 6-1.1-10-37 (Leases of exempt property; effect) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 6-1.1-10-37 (2026).
Text
(a)This section does not apply to the lease
of a dwelling unit within a public housing project by the tenant of that
dwelling unit.
(b)If real property that is exempt from taxation is leased to another
whose property is not exempt and the leasing of the real property does
not make it taxable, the leasehold estate and the appurtenances to the
leasehold estate shall be assessed and taxed as if they were real
property owned by the lessee or his assignee.
(c)If personal property that is exempt from taxation is leased to
another whose property is not exempt and the leasing of the personal
property does not make it taxable, the leased personal property shall be
assessed and taxed as if it were personal property owned by the lessee
or his assignee.
[Pre-1975 Property Tax Recodification Citatio
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Related
Sangralea Boys Fund, Inc. v. State Board of Tax Commissioners
686 N.E.2d 954 (Indiana Tax Court, 1997)
Knox County Property Tax Assessment Board of Appeals v. Grandview Care, Inc.
826 N.E.2d 177 (Indiana Tax Court, 2005)
Tipton County Health Care Foundation, Inc. v. Tipton County Assessor
961 N.E.2d 1048 (Indiana Tax Court, 2012)
United States v. Clark County, Indiana
234 F. Supp. 2d 934 (S.D. Indiana, 2002)
Square 74 Associates LLC v. Marion County Assessor
(Indiana Tax Court, 2019)
Nearby Sections
15
§ 6-1.1-1-1
Applicability§ 6-1.1-1-1.5
"Assessing official"§ 6-1.1-1-10
"Person"§ 6-1.1-1-11
"Personal property"§ 6-1.1-1-12
"Political subdivision"§ 6-1.1-1-13
Repealed§ 6-1.1-1-14
"Property taxation"§ 6-1.1-1-15
"Real property"§ 6-1.1-1-16
"School corporation"§ 6-1.1-1-17
"Special assessment"§ 6-1.1-1-18
"State agency"§ 6-1.1-1-19
"Tangible property"§ 6-1.1-1-2
"Assessment date"§ 6-1.1-1-20
"Taxing district"§ 6-1.1-1-21
"Taxing unit"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 6-1.1-10-37, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/6-1.1-10-37.