Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Property Tax Annotations

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Annotation 250.0002

250.0002 Housing.Accommodations leased by a college and provided to visiting students and non-student guests during the annual summer break do not disqualify the college from exemption. Renting student housing units to visiting students is within the college exemption, as student housing is reasonably necessary for fulfillment of the college's function and visiting students, while temporary, are enrolled in educational programs. In addition, renting student housing units to non-student guests is incidental to the college's functions since the non-student guests are there for the purpose of gaining familiarity with the college and the local arts community. Thus, the use is incidental and reasonably necessary for the fulfilment of the college's exempt purpose. C 4/7/2014.