This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
This form is a contract for the lease of personal property. The lessor demises and leases to the lessee and the lessee takes and rents from the lessor certain personal property described in Exhibit "A".
The Utah State Tax Commission defines tangible personal property as material items such as watercraft, aircraft, motor vehicles, furniture and fixtures, machinery and equipment, tools, dies, patterns, outdoor advertising structures, and manufactured homes.
Property taxes in Utah are managed through the collaborative effort of several elected county offices. The Recorder/Surveyor's Office records the boundaries and ownership of each property in the county. The Assessor's Office estimates the fair market value of each property.
Personal Property is taxed based on its taxable value as of January 1 of each year. In order to value personal property, the Utah State Tax Commission provides personal property classification schedules which are used by all county assessors in Utah.
You may be eligible for the primary residential exemption if you occupy your home for 183 consecutive days or more in a calendar year. The exemption applies to your house and up to one acre of land. Apartments, condos and mobile homes also qualify.
The Utah State Tax Commission defines tangible personal property as material items such as watercraft, aircraft, motor vehicles, furniture and fixtures, machinery and equipment, tools, dies, patterns, outdoor advertising structures, and manufactured homes.
Sales of goods, other than motor vehicles and boats, purchased in Utah and shipped (including drop-shipping) by the seller or their agent to another state are not subject to Utah sales and use taxes.
Real property is defined by the Utah State Tax Commission as The interests, benefits, and rights inherent in the ownership of real estate.