61 Pa. Code § 91.133
Current through Register Vol. 54, No. 45, November 9, 2024
The value of leased realty is its computed value. If the leased premises constitute only a part of the assessed realty, the value of the leased premises is determined by multiplying the computed value of the assessed realty for local tax purposes by a fraction, the numerator being the fair rental value of the leased premises and the denominator being the fair rental value of the assessed realty.
61 Pa. Code § 91.133
The provisions of this §91.133 issued under section 1107-C of the Tax Reform Code of 1971 (72 P. S. § 8107-C).
This section cited in 61 Pa. Code § 91.136 (relating to appraisal).