Abstract
In the United States, the property tax has been a significant source of revenue for local governments. Despite repeated criticisms of the tax and successful taxpayer revolts, property taxes can be expected to continue as a major burden on the landowner. One of the most significant problems with the property tax system is the difficulty of properly assessing restricted-use land. That problem is exacerbated when the restrictions are the result of a division of ownership interests in the fee simple because it often is unclear how to apportion property taxes among those holding the different ownership interests. The problem of properly assessing restricted-use land has taken on increased significance with the increased burden of property tax on the homeowner and the growth of the planned unit development ("PUD").
DOI
https://doi.org/10.63140/_ymt8_s5fo
Recommended Citation
Shultz III, Michael M.
(1983)
"The Real Property Taxation of Common Areas in Planned
Unit Developments: Advocating the Rights of
Homeowner Associations,"
Utah Law Review: Vol. 1983:
No.
4, Article 4.
DOI: https://doi.org/10.63140/_ymt8_s5fo
Available at:
https://dc.law.utah.edu/ulr/vol1983/iss4/4