This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.
Kansas Removal of Lessee's Equipment and Personal Property
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State:
Multi-State
Control #:
US-OG-818
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Word;
Rich Text
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How to fill out Removal Of Lessee's Equipment And Personal Property?
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FAQ
The assessment rates applied to the appraised valuation are: 11.5% in tax year 2014; and 5% in tax year 2015 and all years thereafter. In no case shall the assessed valuation of any watercraft cause the tax upon such watercraft to be less than $12.
The Kansas compensating use tax rate is equal to the Kansas sales tax rate. In the case of vehicles, the rate of use tax due on a vehicle purchased outside Kansas is equal to the Kansas retailers' sales tax rate in effect at the registration address of the vehicle.
What is a personal property tax? Since all personal property taxes are state imposed, each jurisdiction may include different types of property in the tax assessment. Additionally, these taxes are often imposed by local governments, such as cities and counties, making the rules even less uniform across the country.
A Kansas rent-to-own lease agreement is a contract that rents a property to a tenant and gives them an option to purchase the property. The option will exist during the lease term and, if the tenant doesn't buy, the contract will end like a standard lease.
For a boat/vessel you will pay: State sales tax of 4.225 percent, plus your local sales tax on the purchase price, less trade-in allowance, if any.
If you owned personal property on January 1, you are required to render the property. Property is assessable for the entire year and will be taxed, except for non-highway vehicles, motorcycles, and watercraft which are pro-rated.
Real Estate taxes are paid in arrears with the first half due by December 20 and the second half due by May 10 of the following year. Taxes must be received in our office or postmarked by these dates to avoid interest.
Government Exemptions Property used exclusively for state, municipal or political subdivision purposes, including leased vehicles if leased for a period of at least one year and property leased for medical services and certain property funded by industrial revenue bonds, up to 10 years.
