Supervisor of Assessments v. Ort Children Trust Four

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• assessing authority must consider both contract rent and fair market rent in assessing value of property subject to long-term lease
• where lease between parties is “arms length, bona fide transaction” and parties agree rent established at time of lease is economic rent, lease is valid evidence for assessment purposes

Source: CourtListener parenthetical corpus (CC0).