Arizona Laws > Title 42 > Chapter 13 > Article 11 – Valuation of Abandoned Leased Property
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§ 42-13501 | Limit on valuation of real property with abandoned renewable energy equipment |
Terms Used In Arizona Laws > Title 42 > Chapter 13 > Article 11 - Valuation of Abandoned Leased Property
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Property: includes both real and personal property. See Arizona Laws 1-215
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.