Property Valuation Division, Directive

Directive Number:92-011
Tax Type:Property Tax
Brief Description:Leasehold Improvements-Law of Fixtures
Effective Date:11/30/1992


TO: County Appraisers

SUBJECT: Leasehold Improvements

This directive is adopted pursuant to the provisions of L. 1992, ch. 249, 1, and shall be in force and effect from and after the Director's approval date.

County appraisers shall follow the law of fixtures in determining whether leasehold improvements constitute real or personal property for taxation purposes.

K.S.A. 79-102 provides in relevant part:

Date Composed: 10/02/1997 Date Modified: 10/11/2001