South Carolina Statutes
§ 12-37-950 — Valuation of certain leasehold estates as real estate.
When any leasehold estate is conveyed for a definite term by any grantor whose property is exempt from taxation to a grantee whose property is not exempt, the leasehold estate shall be valued for property tax purposes as real estate.
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South Carolina § 12-37-950 (Valuation of certain leasehold estates as real estate.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1962 Code SECTION 65-1649.1; 1957 (50) 89.
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