Assertion: leasehold property | /r/CapableOf | increase its value
Facets:
Source sentences:
text: However, lessees are not necessarily relieved of any property tax obligations with respect to leased property, and are frequently held liable when: they are in possession of the leased property and the assessor is unable to determine who the lessor is or where the lessor can be located; they make improvements to the leased property that increases its value; they lease property from an exempt entity such as the state or municipality; or when the lease is of such an extended duration that it is considered a permanent or perpetual leasehold.